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YxY

07/24/02 6:41 AM

#7340 RE: Zeev Hed #7221

Well Well...quite unusual, I think it is the first time I see you being long without any kind of global stop. Times are unusual indeed and a strong bounce is granted but from where ? If we got a 30% bounce on the QQQ from 18 it will be called a strong rallye but long will not recover. One positive point is that when some panic start spreading in the bank sector, it often means that the last shoe is falling, but it can fall hard.

I hope that your Q trading is helping to reduce damage.

Best, YxY