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Pastimes : From A to Zeev" -- SI Sacks Zeev

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To: Larry Brubaker who wrote (272)3/18/1998 11:40:00 PM
From: Zeev Hed  Read Replies (1) of 708
 
Larry, extremely difficult to say. The Bolinger bands are extremely narrow, it could break either way. If it breaks above the last two weeks trading range it could jump all the way above 7, on the other hand, if it breaks down it could make new lows. The big excitement that run it to 7.5 recently has created, however, a lot of supply between 7 to 7.5. I did not follow it, so I do not have a sense of what are the fundamental driving these patterns.

Zeev
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