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Strategies & Market Trends : Sharck Soup

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To: Dave Kiernan who wrote (22249)	5/10/2001 10:34:21 PM
From: American Spirit	Read Replies (1) of 37746

What WCOM and LU losses? Unless WCOM tanks more I'm still even on that as I bought some at the bottom 2 months ago or so and still have it. It is a disappointment though. That stock has done nothing this entire rally month. My LU hold from last year was a big loss but I doubled down at 7 and 9 which got me most of my money back. And I did sell most of my LU at 67 last year as well which was one of my better trades (and whew, glad I did). Currently no position and nothing I'm holding is in the red more than a few hundred bucks. I'm up 50% this month and unless everything tanks going into the fed meeting I'm relatively happy. Have broken even this week so far. But could end up giving a little back if this market doesn't go my way. Please get your facts right. As for 2500, that may have to wait I think. Nothing's going to the moon here but a modest upward correction could happen starting tomorrow. WOuld surprise me if shorts don't cover going into the Fed meeting. But I've been surprised before.

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