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Zeev Hed

03/13/03 3:29 PM

#86666 RE: brightness #86659

I take profits fast when the "stars" are not orinted fast, thus the timidity, the map yesterday was not followed, it was delayed by about two hours, that forced me to take some of the stuff off, I redeployed most of it today and already took these off as well. Internals stinks thus the bearishness, lack of leadership, for the size of the movement, too little voluem bad PC ration (apart of to major injections that probably should have been in the indices category rather than the equity category) and the ist is long. Just jumped back into RGLD here at $13.35 for the half bucker plus discount. Still waiting for better bargains on NEM.

Zeev
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punkle

03/13/03 5:50 PM

#86782 RE: brightness #86659

When observing Zeev's bearishness one question has to be asked. How much did Zeev lose today while continually being bearish? The answer of course is nothing - he made money as he never shorts and while he could have made more money being clown long, he nevertheless made money today. The amazing thing is on the down days when us super shorters do well, Zeev still seems to make money or at least limit losses through intraday trades.

While I don't know anyone who makes better calls day in and day out I believe the fact that "he doesn't really feel the pain" sometimes leads to missing some of these super rallies like Fall 2002 and Fall 2001.

While the fundamentals do not look good at all, this rally may have some legs. I plan on getting short again soon however.