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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (15508)	4/9/2001 5:39:40 PM
From: Rambi	Read Replies (1) of 37746

. Longer term is still down I guess it would be wishful thinking to ask if "longer term" could mean pre-April expiry? I;m sitting on (and very resentfully since I should have sold them today and hesitated- smack me) some SPX 100s. I got very confused today by the big push up at the close, and the violated 1135. Does this negate what you posted? There is also a LOT of happy talk and it has made me nervous, especially since I assume decay will be fast now on Apr. options. I would be so interested in hearing you talk a bit about like this and when one should just take what there is to take and get out. I know there are other newbies who lurk and read you here who are feeling a little nervous. Last month the trend was so decidedly down, it was easier to trust it. As always, I am grateful to you, penni

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