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Strategies & Market Trends : Asia Forum
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To: MikeM54321 who wrote (4762)6/23/1998 1:27:00 PM
From: Zeev Hed   of 9980
 
Mike, the turnips are pale roots, they do not take the position "the bottom of the tech decline will be un Wednesday June the 24th at 2:33 PM" (G). About three four weeks ago (when the dow failed again at about 9200 intraday), they stated that they see a bottom occurring between last Wed and this Wed, with a max. down side risk of 8300. We got hit to about 8600 . I think that we are not going again below 8600 in the next three months and that yes, the summer rally started on the earlier part of the turnip's forecast. That does not mean that all stocks will rise, I see many semi just making relatively small come backs.

Zeev
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