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Re: Zeev Hed post# 391662

Saturday, 05/14/2005 7:58:07 AM

Saturday, May 14, 2005 7:58:07 AM

Post# of 704041
I agree. Divergences, cross currents, volatility, volume, all warn of a coming big move. I'm tempted long by better than expected earnings/guidance from key market leaders and the hint of a turn in the lopsidedly negative money flow, but tempered by the fear of seasonality, stagflation, bursting bubbles, weak foreign economies, geopolitics, etc... Not to mention iffy internals - I think the semis and selected big caps are holding the Naz up. Still, the deciding factor for me is simply the lower Bollanger Bands saying "come on down". I'm betting 1750-ish by July-ish. IMHO


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