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Strategies & Market Trends : Best Option Strategies and Option Insight

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To: wiley murray who wrote (117)	3/31/1998 12:24:00 AM
From: Mr.Manners	Read Replies (1) of 245

Hi Wiley, I can believe it. It's been in nudges and nibbles. Does this mean there's a 100% chance we go up tomorrow? The Fed won't do anything although they have the economists urging a rate hike, sort of like parents chasing after children they assume are naughty. I can't see a hike, unless Greenwank wants to fubar the market. He's done that before, but it's doubtful since the world situation is a lot clearer. I see how WFC broke, but it wasn't convincing to me. It may not have moed higher than expected prior to this, and it hasn't yet dumped, but I believe if it does go down more it won't be more than another 5-6.. unless the Fed barges in with their Texas two-step.. GLK did alright today moved up a half at 53 7/8, and the June 55 call did not change at 2 to 2 3/8. I would like to understand that since every day prior to this the option moved with the stock's direction. Hope you're trading well

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