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To: AllansAlias who wrote (14351)8/28/2000 10:45:31 PM
From: pater tenebrarum  Respond to of 436258
 
i agree...the thing is not yet ripe. probably we'll continue higher into the next cycle turn date in mid September.

the put buying is concentrated in index options...just like it was prior to the last blow-off.

however, the energy crisis is worsening by the day:

tfc-charts.w2d.com
tfc-charts.w2d.com
tfc-charts.w2d.com
tfc-charts.w2d.com

the bubble is imo much more unstable than is generally believed...anything could trigger a dramatic reversal, anytime. if you play, better do it with tight stops...