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Pastimes : From A to Zeev" -- SI Sacks Zeev -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (460)9/3/1998 5:09:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 708
 
Bosco, you might be right. I always thought that before long weekend part of the "professionals' take longer weekend and thus their influence on "restraining price movements is diminished and the prices float up. You might be right, however, that when the trend is down, these professional's role is to moderate that trend and their absence may cause acceleration of the trend. In any event, I think that the Sep/Oct minimelt we talked about is about to come down hard on us . By this time next week, we might have be in a position where the high 6000 were "visited".

Zeev