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Zeev Hed

10/12/04 9:56 PM

#308707 RE: Burk #308704

We reached 1850 within three days of that forecast (the first short of the QQQ), the problem was on the rebound to 1925, I shorted the QQQ again,and then got whipsawed with the headfake above 1965... I am not sure that we do not go to the 1975/95 before we turn back by the middle of next week. Luckily, got into the close with only 25% cash, so maybe that short run here would be nice for some profit taking and cash raising for redeployment later.