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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

+0.1%

Nov 12 4:00 PM EST

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To: CharlieChina who wrote (73975)	4/5/2001 7:55:03 PM
From: CharlieChina	Read Replies (2) of 99985

On a follow up... If you follow the history of my posts..... Todays upward snap is what I was looking for since mid-February - early March 2001.... was 100% cash and collecting approx. 5% yeild on T-Bills since September 2000... As of now: 45% Cash 55% Selling Naked Call positions on a variety of Dow and NASDAQ equities... Get ready .... this market(i.e Dow Jones, S&P 500 and NASDAQ are headed down as of "CRASH") as of tomorrow, Monday or Tuesday Will be holding these postions until late April or May 2001.... unless a major development transpires and sends the Dow to around 1095... Watch the Dow..its the major indicator for all indexes now....The Dow will pull the rest down ... The World is watching the Dow Jones as of today..... Good Luck to everyone and God Bless. In closing...I find this thread to be the best on SI .... filled with quality people, hence, I tip my hat to you all

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