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Re: Zeev Hed post# 308905

Wednesday, 10/13/2004 11:34:09 AM

Wednesday, October 13, 2004 11:34:09 AM

Post# of 704047
zeev, it is my feeling that we run hard for at least two weeks after oct 15th +/- 2 days...if we do not run this time from the 15th (which i define as the peak of earnings season), then that will make it 6 STRAIGHT quarters that we have sold off after that date...i just don't see it happening again, esp into the election...besides, i believe the mkt "knows" who will win the election, and the mkt wants bush, and will rally accordingly

...plus the fact that INTC and YHOO were well received...i believe that we test the highs of the year on the QQQ of 39 by the election, and stay within this range bound mkt awhile longer...then perhaps we can reassess for a bigger breakout as per your call

...plus there seems to be money coming out of commodities in the short term here



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