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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (32716)	5/12/2000 1:12:00 PM
From: yard_man	Read Replies (1) \| Respond to of 42523

NFW I'd buy calls on the POS ... One more chance for a rally on the interest rate hike ... I think XAU bottom is in already. I expect the half-life of this little rally to be less than one more day ... maybe we get a day and a half bump next week -- then it is over

To: TheStockFairy who wrote (32716)	5/12/2000 3:00:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 42523

I now think the fix is in for POS through June expiration. As fake dumps go, this was as picture-perfect as they come; now that DELL earnings are being spun as "all clear", the "DRAM shortage any day now" crowd will be shouting their propaganda at every opportunity. POS earnings will probably be announced right after June expiration. After an earnings announcement, there is no correlation whatsoever with POS and any of the following: actual earnings, earnings vs expected earnings, earnings vs previous-year earnings, or forward guidance. ------------ JPM at 135 in the next day or two (hmmm, anything happening bank-wise in the next day or two that could jack it up to 135?) has a "kick me" sign all over it, IMO. That would line it up perfectly with previous peaks at 143 3/8 on 4/4 and 139 1/8 on 4/25. ------------ grub! (base 2)