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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (5330)	1/16/2001 9:39:16 PM
From: Bob	Read Replies (2) of 19633

Tom: that was my reasoning for covering AGIL in AH, I believe the bulls are in control now also. I believe the market has absorbed just about all the bad news and is looking towards the 3rd quarter now. What happens for the next 5 1/2 months is already priced in. That doesn't mean I'm a bull now. I'm actually 70% cash in Rollover IRA and 60% cash in trading account, with the balance in that account in just two positions, one being puts. I will be very selective on the long side. I did buy GMH today at 24.80 in the rollover IRA. Take care, BobP

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