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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (8627)1/8/2001 4:01:24 PM
From: Walter Xie  Read Replies (1) of 13572
 
I bet it won't happen until the end of January and hope NAZ to go down to 2000 and below before that. The more, the better <g>. So we can get another 0.5 cut. Actually, I think the last Fed cut was designed to transfer money from small investors to big houses, to give big houses one day to dump shares and buy puts. It worked. And now big banks and funds are in better position. Fed depends on them but not the small investors in crisis. Look at the BBH put/call ratio. I prefer to believe my conspiracy theory now. No hurry to go long before option expires. I'll regret, on the other hand, if I miss the upward explosion. Please don't let it happen before I'm ready! <g>
W
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