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Re: Zeev Hed post# 57

Monday, 05/17/2004 10:58:05 AM

Monday, May 17, 2004 10:58:05 AM

Post# of 200
We got within ten points this am of the low I have been expecting since January. This is the moment many of us have been or should have been waiting for.

Although I expected a sell off from January into summer to tag the 300 day ma's on the comp, I did not at all expect the severe damage that has occurred in individual stocks. I have been smashed quite thoroughly despite expecting this sell off. Not too bright.

I don't share your concerns about next year, if I read you right. You may have adjusted that though...I stopped reading your posts but have paid attentiaon to this thread as a summary of your position. We should be heading straight to 2800/2900 within 2 years, with one reaction along the way, 8-10 months from now

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