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To: Glenn D. Rudolph who wrote (70559)7/29/1999 1:24:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Glenn -- I am worried that we are at the lip of the falls -- not the bottom. Good luck -- did you see my posts to Sarmad last night on international money flows? $300 billion in last year -- probably at least $100 billion out this year. A reversal of that magnitude is what we are feeling -- and that is before you count the many times this money was leveraged. Take care -- there are big movements going on in the shadows -- and the move out is picking up speed as we speak.



To: Glenn D. Rudolph who wrote (70559)7/29/1999 1:34:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I bought back into EBAY. The large cap nets are holding up well in my opinion considering the size of the marked drop

Glenn, for Ebay, I have pending orders(for the past three wks) to write 2 Oct90 puts for $12 and 2 Jan110 for $35. Would like to get 200 ebay via the Oct puts and just premiums for the Jan110.

So it's PASSIVE and don't know if it will work and I have similar traps for AOL.


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