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Strategies & Market Trends : Sharck Soup

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To: GREENLAW4-7 who wrote (16992)	4/18/2001 6:57:05 PM
From: Eurobum1	Read Replies (1) of 37746

Green...Like I mentioned this morning... I SS ITWO because I guessed that their earning is not great but Dr. Greenie almost put a fire in my pocket. Fortunately, while listening to CNBC about the rate cut, I caught 2k of XYBR @ 2.39 and bailed out @ 2.74 to cover my $279 bucks loss on the ITWO trade. That left me some change for lunch. That was all for today. I don't want to go short because of Mr. Blue's earning. The Worst is CSCO, the Ugly is INTC so logically IBM will look like Cinderella. After the close, IBM went up 6 1/2 points and pull up the whole sheebang. Tomorrow they will bet on MSFT chip. You should put that in consideration. I'd rather wait for the options + earnings saga to be over to trade again. A good sector to be short is Fiber, I saw big blocks selling in the strength intra-day. Good luck.

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