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Zeev Hed

01/28/04 11:35 PM

#198586 RE: Public Heel #198561

I don't think hat this time this will provide the type of runs we had before, just an interruption of the decline. Nevertheless, I reduced cash to around 30% and as mentioned earlier intend to at least deploy another 20% in a morning weakness, if we have any. The latter however, to be taken out on the expected minibounce. I'll probably go with 50% cash into the weekend.