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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: country boy who wrote (2074)	8/14/2000 12:42:47 PM
From: Alan C. Zezula	Read Replies (2) \| Respond to of 4564

Hi cb, Always short a dull mkt. right??? The old saw is NEVER SHORT A DULL MKT. and they don't get much duller than today. Sold my GLM calls today bot at 4 5/8 got 7 7/8. Now GLM will go higher for sure, that's life. Bot more S1 it's a $142 stk. trading at 16!! What a bargain!!!! Heard two theories on Aug. 22. 1) We will rally up to the date then sell off on the no action. 2) We will get a relief rally on the no raise news. What do you think about the Fed. and how do you plan on playing it. IDTI "seems" tradeable btwn. 58 to 70. Is this correct? How long have you been trading it? TIA, Al