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To: pater tenebrarum who wrote (12075)	8/18/2000 10:23:55 AM
From: Lucretius	Read Replies (1) \| Respond to of 436258

i knew there would be a rally like the one we've had... i had no idea how far it would go.. that doesn't matter.. i just know i will sell the hell out of it when it breaks off, which it will after expiration and the fed are out of the way...

To: pater tenebrarum who wrote (12075)	8/18/2000 10:26:39 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Excellent post. And, you're wasting your time. -g

To: pater tenebrarum who wrote (12075)	8/18/2000 12:26:44 PM
From: geewiz	Read Replies (1) \| Respond to of 436258

hi heinz, you and others are making valid arguments on the sustainability of the current rally. Like Luc I have confidence that the magnitude of correction needed to rebalance the economy is not one that a chart pattern can predict because it needs to catch most of the players on the wrong side. That means the sentiment readings must be at the extreme. If this rally holds I'm on the wrong side. To balance it I have bios metals and microcaps; if this large short position is covered it won't be the bios, micros or metals -its going to be the same old index shares that get bought back! It's hard to consider buing an OEX call - but that would seem to be the likely sector to rally on covering. Appreciate anyone's feedback. thanks, art