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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (28440)	10/5/1999 3:19:00 PM
From: LTK007	Read Replies (1) \| Respond to of 99985

agreed he should have raised,at least 1/4,but I also am sure he was under tremendous political pressure to do nothing and maintain neutral---I would never want his job. I read where the secret service is now assigned to protect him--Max

To: pater tenebrarum who wrote (28440)	10/5/1999 3:31:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 99985

Heinz: If you don't mind me asking, what puts are you buying? I've got, now, 11% of my portfolio in QQQ puts, 110 strike price, various expiration dates (3/00-1/01). The Fed's sword is going to hang over the market, through at least March 2000, and my guess is, much longer, maybe through the end of 2000. Until the market is convinced that the Fed is done raising, all rallies will fizzle. I think index puts are going to do well, but I'm a bit worried that I chose the wrong index.