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Burk

08/07/04 8:35 AM

#281029 RE: Zeev Hed #281028

With the 30dma of the Advance Decline line troughing about this coming Friday, we should rally...course, the question is...how much more downside do we have in what looks like a capitulation phase in here....(hopefully not 100 more naz points)!!
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bfenton

08/07/04 8:44 AM

#281032 RE: Zeev Hed #281028

Zeev,

The fact is the "roadmap" is probably 1 of many factors alot of the thread followers consider in their short term (1 month); to mid term (6 month) outlook.

I believe you stated the roadmap is out the window for now along with the 3rd bell ring.

Can you verbally revise the targets and timelines you are initially seeing here.

Even though it has been off lately, there is value there and with your encourgement of stop-loss, the damage should always be minimized.

Thanks for all your help to us non-daytraders.
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Justa Werkenstiff

08/07/04 9:10 AM

#281037 RE: Zeev Hed #281028

Z: Regardless, that CBOE total P/C was the highest in history.
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Ace Hanlon

08/07/04 9:35 AM

#281041 RE: Zeev Hed #281028

I put considerable weight on the McClellan Oscillators. The NAZ oscillator now is near the May lows, but the NYSE oscillator is not even close.

Another big down day before a turn would not surprise me.

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JMK

08/07/04 7:25 PM

#281140 RE: Zeev Hed #281028

How did you get a virgin EPC of over 1? My virgin EPC is at 0.87 Still impressive though. I think that many of the 260000 puts purchased in the qqq came from J6P