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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (18010)	4/5/2001 12:30:21 PM
From: Jeff	Read Replies (2) of 19297

check the 2-day SPX chart...... bigcharts.com from the last 20minutes yesterday.....to the first half hour today..... the SPX rose 40 friggin points...... BUT......if you weren't long yesterday.....and bought today...you got to play with only 5 or 10 pts of that 40pt rise......thats how the big boys just give the crumbs to the sheep longs...... but those shorting.....can get the whole benefit of that 40pts on the way back down........ thats why shorting has been the big money play in this market..... and few have made any consistent money on the long side...... thats why the big boys want the shorts scared......they will give you crumbs......but they want the pie for themselves... and the few lucky longs who are in before a gap.....well.....if you add up all the times they lost on warnings and gap downs......if they are lucky.....they break even on the long side for the year.....

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