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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (521)2/17/1999 12:20:00 PM
From: Cymeed  Read Replies (1) of 779
 
<<< Anyone else suffering or just me ;) >>>

You are not alone, Mark. I sold my AMZN PUT for a slim profit (damn MM demand a wide spread on bid/ask), loaded myself with longs on Friday. Now I am suffering. The profit from AMZN PUT can't even cover half of the loss from AOL I suffered.

Good news is (so far), CKFR appear to hold together well. And Greenspan is passing around coupons for purchase of U.S. Treasuries. This should inject more money into the market. The liquidity dry-up seen for the last few weeks may ease and that may put up the market well. The bad news is, and you are right, this market is sick.

Good luck.
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