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Non-Tech : Raptor's Den

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To: Paul A who wrote (9366)	3/22/2003 12:05:00 PM
From: GREENLAW4-7	of 10157

Paul, thanx for the respond. I was one of those who went very long wendsday at the bottom, I bought AXP, and C in bulk. But because of my belief that wendsday-friday was a relief rally before the dump,(similar to feb), I sold my longs and went short for monday. it was a reasonable conclusion that market was on verge of breaking down and how could an pending and certain war not help this? I never in my wildest dreams expected what has uccured over the last 8 days. I was SHOCKED as the week went on and BLOW AWAY by fridays action. I follow the Bullish percentage index as a guide to my trading and this was why I went long Wendsday, but in 8 days the index went from Overly bearish to now Overly Bullsh. This did not occur as quickly in October rally, and current reading is actually the highest I have seen since summer of 2001 rally. The fact the megabulls are calling for new bull tells me this will end very, very ugly! Take care

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