From A to Zeev" -- SI Sacks Zeev Message Board

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

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To: space cadet who wrote (503)	10/14/1998 3:38:00 PM
From: Zeev Hed	Read Replies (1) of 708

Space, unless we close above 8250 or so, I do not view these rallies as more then relief rallies. I know I am giving up few hundred Dow points, but if we turn we could get bruised badly. I still think that the strength will dissipate rapidly once this rally is exhausted. I thought that Monday would be the top locally, and it turns out that the decline yesterday was weaker then I expected. Noter the strength of the bond market. In the new environment, it could be indicating an undercurrent of movement to safety despite the bullish reading in the equities market today. Zeev

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