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TREND1

10/28/04 2:44 PM

#315981 RE: Zeev Hed #315964

I think we have to start to deal with the break of the weekly down channels. Breaks to up side so far:
ALTR
AMD
AMKR
KLAC
TER
TXN
XLNX
SMH


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JimQuinceH

10/28/04 3:33 PM

#316030 RE: Zeev Hed #315964

Zeev, As George Wallace said back in the 1970's "There isn't a dimes worth of difference between the Democrats and the Republicans" and I don't think it makes much difference who wins the presidential race.

Jim

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hightecheast

10/28/04 3:40 PM

#316040 RE: Zeev Hed #315964

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hightecheast

10/28/04 4:17 PM

#316069 RE: Zeev Hed #315964

The Dow just barely a week ago was at a yearly low, I don't think that was an assumption of a Bush win from the street.

Zeev. I don't think that either of us want to spend much time on this, because it is pretty subjective, but I don't look at the DOW much to read markets any more ... too many new companies in the DOW in recent years have made it much less meaningful. I use the NYSE Composite, and it shows a different picture.

Since the Democratic convention ended on July 29, and the Republican convention on September 2, the NYSE Composite is up fairly significantly.

While this doesn't show that a Bush victory is cooked-in, it certainly has rallied a lot since late July.

Ken

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hightecheast

10/28/04 4:38 PM

#316078 RE: Zeev Hed #315964

... AND BESIDES, the COMPQ, SPX, RUT and WLSH are ALL up quite a bit since late July .............. SO, THERE!!!

Ken ... <G>


I sold my LSCP like you suggested ... cut me some slack ... <G>

RED SOX .......... YESSSSSSSSSSS