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was Steve

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was Steve

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Re: Zeev Hed post# 79675

Tuesday, 02/25/2003 8:46:48 AM

Tuesday, February 25, 2003 8:46:48 AM

Post# of 704041
Well last week i had drawn my line in the sand at 818 spx. Support at 825 needs to hold or thats where we go and then lower. NDX is in a lot better shape but is set to open at near the critical 982-985 range. Asia and europe got creamed.

The bullish scenario is dead for all practical purposes when the above levels are taken out. A gap down and snap back then rally are possible, but i dont expect it in light of the carnage in europe.

steve


2005...the year of the shorts and small dogs.

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