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TREND1

03/14/03 5:17 PM

#87289 RE: Zeev Hed #87288

$nahl= nas high- nas low = -11 today
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brightness

03/14/03 5:19 PM

#87291 RE: Zeev Hed #87288

We had a huge up-run yesterday, it is only logical to have a day of consolidation and digestion.
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calzone

03/14/03 5:40 PM

#87299 RE: Zeev Hed #87288

Zeev, but would the hope of delay war or the pressure to delay war at Iraq from Europe and other countries give the continue lift to the maket next week just like Thursday's rally? I think that the UN news will keep the sellers at bay till the war development is clear. IMHO.
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mike_m

03/14/03 5:47 PM

#87302 RE: Zeev Hed #87288

Yes, we have worked off some upside bias the last three days. The last hour of trading today did exactly what one would have expected, however, which was to ride back up into area previously traversed and close with a slightly upward bias.

Like I said, next week could be a different story. Although very good news could start the day up I wouldn't expect traders to keep it up....