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Re: wahz post# 16417

Friday, 08/16/2002 3:05:57 PM

Friday, August 16, 2002 3:05:57 PM

Post# of 704049
In fact, in recognition of the turnips failing this afternoon, just jumped back into CCMP just under $47 and IDPH at $5.55, trying to catch a potential EOD run here. Not gutsy enough t go with the Q however.

Zeev

And you really think that a move of 135 points on the naz is so impossible (assuming we indeed get to 1400 before we retrench)? And to clear your confusion, my likely target retrenchment is to 1308 plus minus 10 Naz points. A retest of the 1265, while much less likely, will not change my general bullish stance. I am above 40% cash for the simple reason that profits were offered, and I took them, I'll redeploy selectively on som stocks sold as they approach each their target, and les selectively if we have a major retrenchment to 1263. Why is that confusing? Because the market is not laying out a clear map of future events? Welcome to the club.

Zeev


AZH

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