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Re: Zeev Hed post# 341308

Wednesday, 01/05/2005 9:29:58 AM

Wednesday, January 05, 2005 9:29:58 AM

Post# of 704041
Zeev, In my opinion the market has changed much in the last few years and therefor a put little thought into past occurances.

In past the market represented the collective psychological sentiment of broad range of players. Now the market has been taken over much by a small set of program traders. I would be weary of past performance indicating likely future results. We have a whole new market here from what we saw in the past before 2002. JMO.

Joe

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