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Zeev Hed

06/04/04 6:31 PM

#253498 RE: sd #253494

The "normal" with futes strongly up in pre market is actually "G&C" we did not get it, the more unusual is gap up and trend day, we had that till we peaked around 1:00 PM, that and the lack of a rebound starting around 2:22 is a failure. I don't know if it is important since this failure was accompanied by renewed put buying, every single little puny wiggle down is taken as a signal that the rally is over, that indicates too many people are bearish.