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Strategies & Market Trends : Tech Stock Options

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To: Trey McAtee who wrote (52740)	9/15/1998 8:34:00 PM
From: dennis michael patterson	Read Replies (2) of 58727

Trey. At this point, F is a lagging indicator. I've only bet my profit on my last 3 trades. If it ALL goes down the drain, I am out no capital. That said, I cannot believe this thing is going much higher. I do think the MMs are selling short. All we need is a weak open, 100 down, and we are in the green. But this is a tough game. I have decided that I will hang in there with Beebs and Electric and you and see it through to the end. (The futures are off 450 at the moment). NOW here is my try at Pop Social/Financial Analysis. Proposition 1: tomorrow it ALL hangs on G; Proposition 2. Will G speak meilifolously to the traders?? Proposition 3. NO!!! Why? a) the market is ALREADY way up (closed over 8000--- stupid. He will not want to push it higher, b) Soros told him to cut rates. If YOU were G, would you want to be seen as an order-taker to the great Soros?? I doubt it. Soros was great today. I am betting......Proposition 4: the market opens down 50, G speaks, and we sell off HARD. This is all speculation. I bet my OEXUSs that I am right.

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