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Politics : High Tolerance Plasticity

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To: Tommaso who wrote (1408)	3/12/2001 2:41:43 PM
From: energyplay	Read Replies (1) of 23153

DOW 140 puts - YDXXJ - Bought one today. Looking to the DOW to go higher later this week. Want to get a better position. Will probably then pick up some puts with strike price at 108 or 116 - Buying insurance. Also, I may start trimming my energy positions if they don't rise soon. The level of general worry is high, and looks like it may go higher in the comming months. Japan, consumer credit, corporate credit, and tech p/Es are still way too high. If this quarter's tech pre-anouncements are bad - wait till we see the ones for June & September for Q2 & Q3. Best of Luck to everyone.

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