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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory

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To: Mr.Creosote who wrote (186)	10/28/2005 9:05:42 PM
From: russwinter	of 361

I don't consider a frantic flagpole rally to be a sign of a healthy bull market at all. I am holding my bear spreads, and bought back to close the lower priced (117, written @ 1.35 to replace expiring Oct 118 at expiration last Friday) of my 120/117 SPY bear spread late today near 119.80 (@.60). I still have the write on my IWM 64/61 bear spread as the IV is pretty high. I sold long FXI Nov 63 (China) puts for a good profit yesterday, and also 40% of my XLY puts when it was 30.85, and then added a WLP Dec. 75/70 bear spread around the 74.25 (1.75 debit) level this morning. Message 21833869 <Can the "authorities" engineer another one?> See no signs that the "authorities" or Wizards are helping the Humpties at all at this stage. Humpty and ledge sitters are on their own.

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