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Zeev Hed

02/12/03 5:59 PM

#75589 RE: Neville Gorman #75586

I am sorry I cannot help you with the Dax, I am not following it closely. As for RMBS, if it breaches $13.11 on a closing basis, I think it will drop under $12.5, a good buying area would then be around $11.75 or so with a stop just under $9.95. If 13.11 holds (and it has held a number of attempts) then another run to the $15/7 area could happen early in March. In any event, if you do not trade, you might be better off waiting until this phase of the Nassacre is over and then buy the bu$$.

Good luck.



Zeev