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

To: Les H who wrote (33043)	5/15/2000 5:05:00 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 42523

Les, it was the Monday IBD. Article on how something like 9 out of 10 of the last Fed rate rises resulted in big rallys (I believe the average was well over 1%). I covered Sicko CMB and Scamazon shorts against the box this a.m., and sold my Dhell and Scamazon poots. Hanging onto my OEX's, POS's and JPM's and will double down tomorrow. Will sell the hedges noonish or later tomorrow, depending on market action. If the CPI core is as predicted (does anyone think it could possibly be otherwise), I expect a big gap up out of the shoot that will fizzle around 11. Then we get down to business as the hangover sets in and speculation starts regarding how big the Fed's June increase will be.....