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Zeev Hed

03/14/03 5:15 PM

#87288 RE: mike_m #87282

I don't agree with you, the Dow was hit much more than the Naz, so it is continuing barely with the last two days bounce, the Naz is already in the mode of more declines than advances, more declining volume as well and no expansion of new highs, despite making a marginally higher recovery in the morning. Next week is expiry, so volatility is a given, but don't be surprised if that volatility has a strong downward bias. I still think that we are i a very dangerous market, prone to a sharp decline rather than a sharp advance. Bear suit still fully zipped.

Zeev
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03/14/03 5:17 PM

#87290 RE: mike_m #87282

Precisely! The market is in an upswing! I don't quite understand why the Turnips are so bent on picking top when the market is moving up, after months of picking bottom when the market was moving down.