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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (3316)	8/31/1998 5:26:00 PM
From: Arik T.G.	Read Replies (3) of 5676

BB, I see a strong possibility that we snap to the OEX's 200 DMA or thereabout. 500-510. Would not bet on it. Am currently holding OEX put Sep 480, intending to sell tomorrow ATO. We have a long way to go down, and have already had 4 strong down days in a row. A meltdown, yes, but even as we have intraday corrections we should get an up day very soon (tomorrow or Wednesday) before the selling resumes into the long weekend. ATG

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