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

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To: Zeev Hed who wrote (47275)4/5/2002 9:12:51 AM
From: Mike M  Read Replies (1) of 99280
 
Thanks for your comments Zeev. I am also leery of the market here. However, until we see a break from this level (granting the slip below your Maginot <g> Line), I remain constructive on at least the possibility of a run up.

Like you, I will remain cautious for the foreseeable future. However, sentiment has reached a point that there is room for an upswing and I still remain open to that possibility. Certainly the bears have come out of the woodwork. The ME news is frightening. Frankly, I am surprised we haven't broken below 1700.

I have more longs than shorts at this point and will not be surprised with violent swings in "both" directions over the next few months...

Re: INVN...I too believe that 35 is an important line. I am always amazed when a stock closes propped on the support line as if walking a "rising" high wire. Should be interesting.
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