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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (21591)6/14/1999 8:04:00 AM
From: Robert Brooks  Respond to of 42787
 
We all have to stay level-headed and peaceable in times like this. I have been in the same predicament as many of those now holding AOL bought at higher levels. Like I said, I am in that situation with our unitrust, but since AOL is a small part we will not get hurt too much. But I have had my share of margin calls in the past. For the last couple of weeks I have been even at the end of each day in my trading account (with the exception of a short on PFE which I held over one night). I will continue to day trade until the end of the month or until I can be sure the trend (our friend) has changed.

Regards,

RB



To: dennis michael patterson who wrote (21591)6/14/1999 8:29:00 AM
From: Robert Brooks  Read Replies (1) | Respond to of 42787
 
Looking at Level II this morning, setups on some of the internets have all the makings of a headfake. Extreme caution should be exercised. CNBC now reporting that the bond market is convinced a 25 pt hike is assured--wondering now if it will be 50 basis pts.

RB


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