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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (14295)	6/6/2002 8:09:48 PM
From: pvz	Read Replies (1) of 23153

Warp, I did the same as you. I had hedged my long techs with a qqq short the other day, which I closed out with a nice profit just before the close. I know, shoulda woulda coulda.... however, if the intc news had been like csco the other day, the profit would have been a lot less or even completely reversed and I would have kicked myself for not paying attention to the trin and the put-call ratio (close above 1). The summation index suggests a reversal is close, even if the market goes down in the short term. From here on down, I think the only constructive way to approach it is to look for value and the lower it goes, the better the entry price. pvz

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