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michalel97123

07/15/02 12:42 PM

#3503 RE: Rayman #3498

Feeling the same way Ray. Dollar collapse, gold strong, Low interest rates, talk of another rate cut, Markets crashing, Nasdaq 100 and sox strong. Now i know what a pivot point is--you are right and zeev probably agrees--either naz crumbles later in the day with down going down 500 or we get a rally in here and these are the lows for awhile. At least it feels that way now. mike

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Zeev Hed

07/15/02 12:49 PM

#3510 RE: Rayman #3498

In edit and now took off ZRAN here at $18.27 for $.71, considering the hit the market is getting, not too bad so far. JNJ and ATK are "hurting", however.

Why do you need to turn the heat on? The Naz is relatively strong, but the day is not over and we still have two more, days for the turn... Impatience, impatience. I just took the Q off the table here, BRCD at $19.13 ($.70), BRCM at $20.94 ($.44), QLGC at $41.05 ($.90), ELX at $23.10 ($.71), and MERQ at $23.98 for $.51.