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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: fletchb who wrote (49888)4/10/2002 11:16:08 PM
From: Zeev Hed  Read Replies (1) of 99280
 
MRK should have a good bounce from around here, I am waiting a little longer to get better general market indicators. This bounce may not be the end of this down move, even if the Dow has a major rally. I do not recommend it yet as a core position. I can easily see it under $50, however during the June massacre. It will be a "deal", but that is what bear market produce, deals.

Zeev
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