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Re: Zeev Hed post# 237743

Thursday, 04/29/2004 8:46:29 PM

Thursday, April 29, 2004 8:46:29 PM

Post# of 704047
I was less bullish then either you or aj but I thought we would have some resistance/bounce at 2000 comp / 1120 S&P.



By Monday, if we don't close above those levels, I may just have to establish new short calls at these levels assuming their top of new trading range which until WED seems unlikely. By quiver of short calls have gone to practical zero liability. However, if we are sub 1100 S&P it will be very painful to hold onto my long side.

It is just too hard to pick the high growth stocks long only to have then drop somewhat less then overall averages in a down market.

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