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Pastimes : Home on the range where the buffalo roam

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To: byhiselo who wrote (7577)	12/15/2000 8:46:39 AM
From: mishedlo	Read Replies (2) of 13572

<<imo only, buying the weakness tomorrow will be a very educated and profitable bet, especially if we spike down to close>> Actually I concur with that opinion. I want a brutal day and if we get it I will close out at least some if not most of my PUTs. If we do retest 2500, however I do not think you will see 3200 in 2 weeks. I will give you 50-60% bounce of the difference between 2500 and 3100. Thus I say a christmas rally to about 2800. A Jan rally could add another 200-300 points then back down hard. That is how I am playing it. No longs. Daytime shorts and/or PUTs on big bounces. M

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