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punkle

11/26/02 5:18 PM

#49755 RE: Zeev Hed #49742

Hi Zeev,

I remember yesterday you were "rooting" for a 3 week decline to 1220/1263 area but said we could float around 1426, max out at 1619 in January, and then see a large decline.

Seems you think we rally a bit here in the Turkey week but not sure what happens next.

After today's action are you leaning any particular way or do you have any updates?

I'm in cash and thinking about building some short positions.

Thanks, as always.