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Re: Zeev Hed post# 53102

Saturday, 12/07/2002 5:01:33 PM

Saturday, December 07, 2002 5:01:33 PM

Post# of 704041
Zeev,

Thanks for your preliminary road map; as always useful.

Two questions/comments:

First, I feel uncomfortable with the first part of your map (1619 by 1/15/03). IMO it makes too much sense and, again IMO, it is too close to consensus (George Cole raised similar question). At least I read a number of similar forcasts - made by both smart and not so smart people. I would feel much better abot this target if we drop significantly lower within a week or two. Does it make any sense to you?

Second, I share your opinion that nasdaq will reach another bottom (my bet is 800) in the second half of 03. For those of us who are pessimistic and lazy, why not to buy gold miners and do nothing for half a year? Nasdaq 900 should be accompanied by a weak dollar and panic. Gold should do OK. Another way to ask the question: are you still negative on gold?




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