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Strategies & Market Trends : Waiting for the big Kahuna
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To: Yogizuna who wrote (42431)7/28/1999 5:45:00 PM
From: John Carson  Read Replies (3) of 94695
 
Yogi, I am doing fine thank you. I live here in the valley now and day trade stocks. Ed tallies up my gains at the end of the day. Its fun being retired and having nothing to do all day. Ed is out washing my car right now in fact. I hired him for the summer, he is no longer involved in PCH, too many people suing him for not paying up. Hes just glad to have a job right now and sometimes I let him buy a stock.

IMHO, Y2K effects should really hit the market in a couple of months whether real or psychological and most of the damage should be done by the end of the year, thats why I bought January 2000 puts. Ed wanted to get the March ones but I said no. I am Carnak, I told him. He said, oh wise one you are always right. I probably will not hold them all the way through unless things are really collapsing. If the Dow hits 10,000 by September I may even sell. If one gets too greedy, then it becomes the toughest game in town.
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