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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (1891)7/10/2001 4:22:22 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 10077
 
that's only 112 pts from here.....doesn't seem that unlikely.

I'll be looking for a tick around -1200 to mark the bottom.



To: Rich1 who wrote (1891)7/11/2001 8:32:23 AM
From: Zeev Hed  Respond to of 10077
 
Rich, actually, I started the "strategic retreat" already around 2105, anticipating the break of the formal "maginot line" at 2078...(g). And yes, 70% cash does feel good during this decline, by the way, the 1850, is only a mild bounce area, the end target of this decline before the end of August is 1600 plus minus 20 naz points. A breach of 1580 will move the bottom target all the way to the very low 1400.

Zeev


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