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Re: Zeev Hed post# 206835

Wednesday, 02/18/2004 6:21:44 PM

Wednesday, February 18, 2004 6:21:44 PM

Post# of 704019
Zeev, if you'll indulge a few questions on "the wind" in the AH?

1) While you keep confirming your bearish stance, we keep hanging around that 2088 number and the futes look like we will be right there tomorrow morn. baring any real bad econ news tomorrow morn (which could happen - claims, PPI). Do you think this is mostly OPEX related and we'll turn back down again or are you shedding your bear suit shortly?
2) If we take 2088 on a close with volume, what are the chances we take that 2390 fork you have mentioned in the past before going below 2000 again?
3) What percent cash are you now and if we take 2088 on the close with volume what percent cash do you plan on being?

Thanks.
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