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Strategies & Market Trends : Options
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To: Jeffry K. Smith who wrote (7882)5/31/2000 11:56:00 PM
From: PAL  Read Replies (1) of 8096
 
The market shows that no one can consistently time the market. Even those on the bear side. I only did a few contracts, enough to buy two good dinners. I consider this as speculative money, so, I am ready to cover fast, i.e. if the stock proves that I made the wrong move.

So far the market has not shown a definite sign of reversal. The gambling atmosphere dominates the actions the past few days. Therefore, I am still sitting on the sidelines.

Best to you

Paul

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