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Post# of 704041
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chainik

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chainik

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Re: Zeev Hed post# 208014

Saturday, 02/21/2004 5:05:29 PM

Saturday, February 21, 2004 5:05:29 PM

Post# of 704041
Zeev,

Congratulations with your magic number 2088. Three times in a row you managed to stop the market at this level. Your call was far from consensus and that was the beauty of it.

In contrast, what concerns me about your current view is that every freaking idiot (including myself), as well as most of the smart guys, are predicting correction. IMO this reduces the chances of orderly decline. Either we crash, or we go up again.

I am betting on an unexpectedly strong decline.

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