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Re: Zeev Hed post# 41134

Friday, 11/01/2002 6:56:50 PM

Friday, November 01, 2002 6:56:50 PM

Post# of 704041
Zeev, what would it take to take off your 'teddy' bear suit for a 'grizzly' bear one? I have many indicators lining up for this to be an "IT" top. In other words, this cycle of the bear is not complete.

It has to do with 5 days of +1000 TICK with a market going nowhere in that span, the equity P/C, the bull/bear surverys, the crappy internals and various bearish chart patterns running into strong resistance on may key stocks/indices.

Unless bearishness returns in abundance on the next pullback (which I think will be deep in any event), I can't see another leg up here, next year or whenever.

Like I said, what would it take for you go grizzly?

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