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Re: Babylon post# 93431

Wednesday, 04/02/2003 9:43:38 PM

Wednesday, April 02, 2003 9:43:38 PM

Post# of 704041
Price is an integral part of the model, but not singularly determining. I wish you guys go and read back the type of exchanges we had on Steve's channeling thread in the May 22/ August 22 2001 period, every single 50 Naz points bounce was greeted by "that is it", the rally resumes. I think that at the time Hal managed to get at least two whipsaws. When looking at prices only there is more chance of a bad whipsaw (even when looking at a plurality of factors, that chance is far from nil).

Zeev



AZH

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