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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (56730)1/13/2003 11:24:15 PM
From: RR  Read Replies (2) of 65232
 
Well, pooie on this head and shoulders on the big board I keep reading about. Yep, it's there, but I still think it wants to run some more.

I usually discount options expiration week when thinking ahead 4 weeks or so. It oftentimes has much more volatility and games played to set up positions to unwind on expiration. Interesting, though, I've read a lot of discussion about how there are so many issues being considerably above max pain this time. Pull it down by Friday? If, so, why not before now? If doom and gloom, why not pull this baby down before now? Scratch my head.

I do like the way the big board has held in there the past two weeks.

So, let the bull run. Get this week behind us and turn it loose until late Feb.

BTW, moo, moo if the big board can bust that H/S.

Yep, ought to be an interesting couple of weeks to see where we go.

RR
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