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Jerry Olson

01/17/04 4:55 PM

#194290 RE: Zeev Hed #194286

Well Zeev i always trade with stops...well almost always<g>

now as for targets 95 100 it matters not...as long as it gets there...i am as always a trader first..i'll let "others" buy and hold...heck we can make more money on 1 stock in a week then anyone can make in a lifetime...

as for a plus 200 point drop in the Compx? boy not too sure about that...most declines from the Aug Sept Oct Nov Dec lows were about 120 points total..and the last one was bought with a fire sale at Macy's...

so i am NOT in your camp..not yet..i know we are up 8 weeks in a row so 1-2 weeks of a pullback might be healthy but no where near 200+ points...

we'll watch it together...in either case i'll be waiting like a coiled spring to jump on this wild freight train any time i see the whites of there eyes...


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greenehugh

01/17/04 5:43 PM

#194297 RE: Zeev Hed #194286

G7 Summit---Boca Raton in Florida on February 6 and 7

Heard Carl Weinberg, chief economist for High Frequency Economics speak on Bloomberg early Friday morning. He said the G7 meeting will be a watershed event for rates and if necessary, Greenspan will be coached on the proper language to use. Seems the market reacted to his words, vis a vie, the dollar/gold and in what appears to be the beginning of an increase in foreign investment into US equities. IMO, watch your purse the days before the meeting, as arm twisting will begin and futures market players will show their cards. Lock in those low rates now!!

" http://au.news.yahoo.com/040109/19/n851.html "




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Emptyhead

01/17/04 8:54 PM

#194334 RE: Zeev Hed #194286

Zeev

I get the feeling that the NASDAQ will be well over 2300 sometime this year. I think they will pull out all stops and jack this market to da moon. I hope your declined into the low starts soon. It would be healthy.