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Zeev Hed

03/17/03 5:59 PM

#88067 RE: bfenton #88064

If you are short, your stops should have taken you out by now. I still have a low sometime in May, it was moved to around 1111, and that may be modified once we see the nature of the first retrenchment or the nature of the topping process here (if any). Right now, just a 50 to 100 Naz points overshoot, unless it is accompanied by major strengthening of the internals is not changing that original scenario.

Zeev