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Strategies & Market Trends : Group Therapy

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To: Duane L. Olson who wrote (2376)	9/18/2000 1:10:36 AM
From: Alan C. Zezula	Read Replies (1) of 4564

tso, when it comes to option trading it is reminiscent of ARBA "take the money and run" whereas revenue streams the likes of CMRC are great but you run out of time unless you trade LEAPS on it. I detect that you are not quite 100% cash. Join the club. Every fall I say I'm out before Sept. and just never bother always hoping for the old post Labor Rally which never seems to manifest itself. It was really touted on CNBC by more than one analyst. That should have been our first clue to bail. Don't worry next year we'll do better. We'll not only bail we'll buy puts. It never ceases to amaze me how fast good stocks crash compared to going up. As you can imagine my ORCL, CSCO, INTC, SUNW, and EMC calls are not currently in great shape, but I have until Jan for a recovery and I don't picture any of these companies being delisted anytime soon. In fact I think they are great buys of course I've been saying that when they were 15% higher than they are now. Sentiment is certainly very bearish, but unfortunately I'm not looking for an Al bounce anytime soon, maybe that's an indicator in itself. Al

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