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Re: Zeev Hed post# 83207

Wednesday, 03/05/2003 12:27:38 PM

Wednesday, March 05, 2003 12:27:38 PM

Post# of 704047
Zeev, Ralph Bloch was just on CNBC and he essentially was fairly bullish here. Talking about the inverse head and shoulders in the DOW and citing the lower volumes July to Aug to Oct lows and now lower volumes still, is a sign of quiet accumulation. His worst case scenario sees us testing 7200 and maybe a slight penetration to lower lows and then he sees a bullish outcome from there.
Sounds similar to your forecast here.
steve

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