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Post# of 704044
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Zeev Hed

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Alias Born 07/07/2002

Zeev Hed

Re: optionking post# 42106

Tuesday, 11/05/2002 2:22:03 PM

Tuesday, November 05, 2002 2:22:03 PM

Post# of 704044
It could, I never recommend shorting a stock making a new high, and MMM made a new high yesterday. A target range and ripeness for shorting are very different, IBM could be ripe for a short, MMM, could continue and march to new highs, o have a retrenchment, furthermore, my retrenchment target surely was not 103/05, do a search of my posts on MMM, I am sure it was more in the $110 or so area, as worst case.

Zeev

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