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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Smart_Money who wrote (62025)5/6/2002 9:14:47 AM
From: ajtj99   of 99280
 
I'm with Syl. I think we've got maybe 10-20 points down before we get a short covering rally going into the Fed. Lots of indices will hit virtual double bottoms (SOXX, BTK, etc). that people will want to buy if they hold.

I was planning on holding puts for a long time, but an oversold bounce could be quite powerful when combined with Max Pain for May.
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