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Pastimes : Ask Mohan about the Market
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To: TREND1 who wrote (12676)1/2/1998 10:27:00 PM
From: Zeev Hed  Read Replies (1) of 18056
 
Larry, mostly because MU is reaching the top of my rally range for it (it was 28, but the performance today floored me a little, I'll be shown wrong again <G>).

Now if you want my rationale for such a script, it is simple, year end rally and injection of fund will dissipate fast since I believe that a combination of instability in the rim coupled with a shift in personally directed corporate pension funds to less equity will dry the liquidity in our market, and we will resume what I believe is a cyclical bear market lasting until about June.

Zeev
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