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Non-Tech : Elaine Garzarelli
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To: Paul Moerman who wrote (117)11/30/1996 3:58:00 PM
From: Zeev Hed   of 292
 
Paul: Personally, I see a market top in mid February and 100 points dropp by early June. However, before that happens, we may be within shouting distance from 7000, so it would bring us back to 6000 or so. Until the begining of the correction starts to evolve, I cannot see if it will be just a correction (less than 20%) or the real bad bear. As amatter of fact, we may all be surprised and see a trading range in the 6200 to 6900 range for six moths or longer and have a rotating correction (as we had with the Techies in June July, and I expect an even worse down sizing during the Feb June period for the techie).

Zeev
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