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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Shaw who wrote (667)2/22/2001 5:40:12 PM
From: Shack  Read Replies (1) of 5144
 
Man if that's all that's holding this market up then I will be maxing out credit cards to short the rally if he does.

That was indeed a very bizarre day. Breadth was horrid and it seemed like the rallies were confined to the futures and a few large caps. None of my shorts bounced much except GE (a large cap) which still finished down and JPM which was up a smidge. SUNW had some nasty news after hours and the futures are being hit again. Tomorrow I will likely be selling my puts one way or another as I don't want to be short going into the weekend.

I was a very nervous short all day. i don't know what that means but I was actually sweating here! In the end, I only sold off one position. But I added another. I expect another day of perspiration tomorrow.
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