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Re: Zeev Hed post# 193195

Thursday, 01/15/2004 2:52:39 AM

Thursday, January 15, 2004 2:52:39 AM

Post# of 704041
One thing is for sure and that is we would have to take a couple on the chin over the next couple of days to get to Max Pain on the QQQ by Friday's close. INTC's weak forward guidance could be the catalyst for that to happen, but we will just have to wait and see. After I see how we handle the coming turn date on the 19th I will have a better idea of which scenario you have layed out as the most likely to come to pass. Right now I am leaning towards the 3 step, just not quite sure of which dates will correlate with your scenario as up and down turns. Bradley seems more in tune with bottom turns than top turns, so I have to be careful not to try and guess. I always post cycle turns on my board followed by a little commentary which helps me to keep an open mind about market direction. As always, thanks for your insight...

**Happy Trading**

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