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Sandy Mack

04/02/03 8:46 AM

#93065 RE: Zeev Hed #93061

That's precicely where I was able to cover my MERQ short, Z...LOL.

Sandy
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Babylon

04/02/03 8:57 AM

#93072 RE: Zeev Hed #93061

Zeev, would a close above 1365/70 area change anything....or does it still only delay a return to our regularly scheduled programming (days, weeks...?)?
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mike_m

04/02/03 11:01 AM

#93193 RE: Zeev Hed #93061

Re:<<We might even open at that 1365 or even higher, the war effect. >>

Thanks for even trying to call a market pushed around by war news. I suspect, however, that we break above that 1425 March high before we find out whether the market is going higher or lower in the intermediate term.

As I suggested earlier, the countermove of the "first stage" of the Nassacre(if that's what the decline from November to March was) wasn't going to be satisfied by a few days rally.

The big question remaining is whether we see another run up above 1500...