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Re: Zeev Hed post# 281552

Monday, 08/09/2004 4:05:54 PM

Monday, August 09, 2004 4:05:54 PM

Post# of 704044
Actually, new lows should ramp unless the market ramps. Just holding tight should result in quite a number of new lows. Last year, August 8 was a local low and we had quite a nice ramp. We were over 1800 two weeks later. That low on August 8 has stood the test of time. However, if we are still here below 1800 in two weeks the COMP itself will have a 52 week low as the August 8 low recedes into the depths of time.

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