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Zeev Hed

01/21/06 12:01 PM

#451577 RE: westpacific #451564

Typically you may want to hold off going long big a day or two after a VTO buy, that RSI can easily drop under 20 (it did on the Dow I believe). I would play the long side only for a short term bounce, if that bounce does not take out 2300, I fear we go into a nasty February with a target under 2100 on the Naz.