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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: Jerry Olson who wrote (1631)	9/24/2002 8:37:14 AM
From: penderjus	Read Replies (3) of 1854

Well Jerry I promised to post to you when I Closed my spx 2x short.Im doing it on this board because I cant post on the other board for some reason(something must be wrong with my computer) Futures look nasty But here is my opinion. Im closing all shorts and long gold trades here. The cutoff for rydex is 10:15 a/m so I will post the closing sale entered @85$ up at $112 plus as of yesterday close. Why? No one expects the fed to cut rates.The big picture is the USA is but one of a world market.When the BOJ was undersubscribed that means Greenspan will help. The fed needs inflation very badly.Unlike most that believe the fed is trying to keep inflation under control the truth is They cant get it started. Long term Im a Big Bad bear and only plan to be long for a few weeks at most.Heck Im doing it with their money. To:Options Jerry who wrote (1346) From: penderjus Friday, Aug 16, 2002 1:38 PM View Replies (1) \| Respond to of 1617 Buying rytpx 200% bear spx plus some Gold here.

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