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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (55302)8/6/1999 3:51:00 PM
From: Zeev Hed  Read Replies (1) of 86076
 
Ice, be careful with POS, we are getting into a very nasty area here with market internals deteriorating extremely rapidly. I would not be surprised to see 10,000 on the DOW before the end of next month. POS will come back, IMHO to the $51-55 area before the scenario takes over again. Then there are really two points, the $67 area where INTC and TXN can start and lay out their hedge, and the $87 to $100, that MU would like to see for 20 days to force conversion. May be there is no "conspiracy", but I would not bet on that (TG).

Zeev
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