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Re: Zeev Hed post# 180128

Thursday, 12/11/2003 9:44:55 AM

Thursday, December 11, 2003 9:44:55 AM

Post# of 704019
Zeev, FWIW, the Naz BP reversed on the P&F chart as of yesterday's close. This BP has been on the money for the last 8 months and I am taking it as a signal to scale out of my long positions on any strength and get defensive. There are still a lot of individual stock charts that look good so I will maintain some exposure to the long side but if the markets continue their trend of doing the opposite of expectations then I would imagine we go down sharply into January...

http://stockcharts.com/webcgi/Pnf.asp?s=$BPCOMPQ

REgards

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