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: Zeev Hed who wrote (517)	10/22/1998 6:05:00 PM
From: space cadet	Read Replies (2) of 708

Zeev, looks like we are getting the Nov rally you and I foresaw now in Oct. Thus what do you see going forward. I think we need to digest all these gains, but I guess so much money is flowing into the market that it can't rest. At some point I was thinking we might retest 8000 but the market is so strong right now that maybe we don't. Earnings reports are starting to diminish as most big companies have already reported (a big exception is dell). So if we are going to have any correction at all it probably has to come pretty soon. In mid-Nov the Fed is supposedly going to lower rates again, thus triggering perhaps another rally. I blew it by not jumping into the small caps in time. Are there any that still look good to you here, or have they all already gone higher? Of the small caps, it looks like the semi's semi equipments and networkers look the strongest. If the market does retest 8000 do you think the small caps will go down again, or is it too late to get in at those sale prices last month?

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