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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: Dwight E. Karlsen who wrote (4387)8/23/1997 7:27:00 PM
From: Janice Shell   of 22053
 
Well, for starters, let's consider the fact that interest rates, in the practical sense, have already gone up. The bond market is not doing well. Only two weeks ago we were talking about long bond yield at 6%. Ain't happened.

Higher PPI, well that's not a problem. Consecutive drop is HISTORICAL, for what it's worth. But still Mr Market doesn't have a clue. Nor do I. Obviously if I did....

Still got my damn puts, which by the open Monday will have lost a HELL of a lot to premium erosion. Index stuff really is amazing, isn't it?

DIE, market, DIE. For now. And then we'll all be the healthier for it...

Janice
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