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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Boca_PETE who wrote (13048)4/7/2000 3:19:00 AM
From: marc ultra  Read Replies (2) of 15132
 
Pete, thanks for the sentiment numbers. Looks like bullish sentiment has comfortably settled into these mid 60's. while I'm sure a few margin players got cleaned out with a 30 second collapse or whatever, it was will just encourage the buy the dipsters. I don't know why but I feel like holding my doubled up short hedge at the moment. Maybe I'll get killed after the jobs report but I'm struggling to reach that lower SP500 that I'm deluded into thinking is likely as we approach May. I'm still in a position that the only way I get hurt bad is if the S&P soars while my other long more NASDAQ and special situation stuff falters. I wouldn't mind a bit a collapse as long as the S&P goes along for the ride.as I'm anxious to cover that short, get away from margin, and otherwise lose some money temporarily if need be. My huge position in ENMD may soon do big things again as the first efficacy reports on Endostatin are likely in May. If anyone cares the main discussion on this is going on at the Raging Bull ENMD board. A lot of other physicians including oncologists are over there.

Marc
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