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marvin1946

09/22/02 10:56 AM

#27812 RE: Zeev Hed #27810

Zeev,
Saville expects a significantly lower dow later on. Whether we make a new low early this week or the july lows hold for both naz and dow, do you expect "substantially" lower prices next year sometime or will the july/sept lows hold in your view. Other part of that question is that cyclical bull phase in the card for 03? marv

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Ace Hanlon

09/22/02 11:11 AM

#27814 RE: Zeev Hed #27810

Zeev:

Saville differs greatly from you beyond the short-term. After a rally back near the August highs, he expects a plunge to substantial new lows before a SUSTAINED advance begins.