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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (78362)	6/10/2001 11:16:32 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

NV, my initial target is around 1850 before this month end. This week may still be volatile, with Monday and Tuesday down, and a small rally into the afternoon Wed., then into triple witching, I have not the slightest, but I expect acceleration of the down trend after triple witching. Zeev

To: t2 who wrote (78362)	6/11/2001 12:09:37 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

It appears both of you are calling for a severe drop in the Nasdaq on a technical call starting this week OR at least very near term.>>>> nv, i believe that there is some evidence that is mounting that this is a nas bear market rally and we should have a minimum a partial retest of the lows, the point of time where we break out of this range is impossible to call, but i think we might have to consider that if we do not turn up from fridays debacle and the bulls fail to take control, that we have put in a lower high, in a new downtrend, this is my thinking right now, but i would not put a lot of risk money either way, i'm thinking of buying a cheep october straddle and going to the beach for the summer -ggg-