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To: GST who wrote (70918)	7/30/1999 6:54:00 PM
From: mogwai8myball	Read Replies (2) \| Respond to of 164684

GST, i'm as bearish as the next guy (your well-argued doom-and-gloom posts are giving me the hee-bee-jee-bees, as Isacc Hayes' alter ego likes to say). That said, I think there might be a temporary reversal up in the next few weeks. YHOO is holding on to the 130s and AOL will probably bounce off its 200 DMA, if it gets there. Also the Put/Call Ratio is as high as its been since last October, which foreshadowed the big market rebound. Another contrarian indicator is the bearish tone of this thread, IMHO. I'm expecting continued weakness for part of next week (currently holding EXDS Aug 130 puts, and VRIO Aug. 75 puts [expecting a selloff after earnings, which are supposed to be next week], and still short VERT and RBAK) but wouldn't mind another weak uptick to buy more puts. Just trying to figure out when the last desperate push upward will be.