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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (230276)	3/22/2003 4:12:34 PM
From: Jeff Jordan	Read Replies (3) of 436258

You don't have to be bearish to buy puts or sell calls? I agree cramer is out of control, what's new? I agree some stocks like ebay room expe and a few others with more debt than revenues are very overpriced. I'm sorry I didn't take the easy money on gold and oil puts. I'm positive these stocks are full of hot air. Other stocks with tons of cash, revenues and market share I'm real bullish on....just pissed about options manipulation. Tight inventories can spur a rapid upswing in all economic measures with the slightest bit of increased consumption. Big profits lie ahead of large companies with market share that have been cost cutting the last few years. Yes, a few powerful ingredients for nice 2004 bull market exist for an excellent year provided the federal reserve doesn't raise interest rates too fast. Yes, the weekend tv stock analysts are all way too bullish here...on technical move I think...short term. But, they flip sentiment faster than some si gurus. A 38% retrace is likely to begin IMO.

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