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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: John Pitera who wrote (61457)9/13/1999 2:34:00 PM
From: Defrocked  Read Replies (3) of 86076
 
The 200DMA for SPX is only 40 points or so away. And
the 50DMA of 1351 is starting to feel like a top with
oil approaching $25. Bonds can soften this week to the pre-Aug. unemployment level(112 handle) given the $ action
in front of next week's trade balance. The path of least resistance seems down to me and can be precipitated with one or two large sell programs this pm. I'm comfortable" being short here especially given the absence of short sellers and the complacency of the bulls. BWTFDIK.
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