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Burk

11/19/04 6:38 PM

#324933 RE: Zeev Hed #324932

Zeev, I'm wondering why you see the current retrench holding at SPX 1150 (only about 20 points lower), but you see a swoon on the Comp of another 75 points or so...at least.

Am I reading you wrong?? Thanks...
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PENNYPRINCE 1

11/19/04 8:35 PM

#324943 RE: Zeev Hed #324932

Zeev am I reading your comment acurately? You expect us to go down till mid to late January? I thought you expected a high maybe 200 more points by then.