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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (16216)	1/3/2001 4:48:39 PM
From: Robert B.	Read Replies (2) of 19297

but if there is a sar hit, the stock won't do jack the next day if they come out with bad news first thing in the AM--just another safety check. Hahn said yesterday not to be short and that any rate cut rally should be over by the 11th. "Let's say my best guess is exactly wrong! It would still be a bearish scenario because of the predominance of the January 11 date from the wave projections on this page. That means if we get an interest rate cut, the rally will have run its course by January 11 and the market will be in prime position for short positioning." "At any rate, we're close to some kind of low. Countertrend rallies from lows in a bear market are fast and furious, so it's not a good time to short the market, either."

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