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To: Haim R. Branisteanu who wrote (20633)9/21/2000 9:53:51 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
Very probable Haim. I think we can not tell very much tonight, so I will have two plans for tomorrow -- you scenario and a relentless grinding down scenario.

A general comment (not to you Haim):

Myth is right and wrong imo about markets needing a bigger reason to crash. I think there are already some big reasons and it is often a specific smaller event that starts the ball rolling.

People are going to tell us that, well, everything would have been alright if not for INTC. This is complete chit. When we gap down over supports, those supports are broken regardless of the reason.

The charts don't give a rat's azz why support fails. They only register it did and then remember/resist going forward.

Those who have never believed that there was a clear and present danger will get a hard lesson that was always there for the studying -- and the avoiding.



To: Haim R. Branisteanu who wrote (20633)9/21/2000 11:50:39 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Allan the plan is quite simple, it is worth while to start writing out of money puts 10 to 15 minutes after open.>

Buy 'em!

DAK



To: Haim R. Branisteanu who wrote (20633)9/22/2000 1:02:39 AM
From: NOW  Read Replies (1) | Respond to of 436258
 
what is option IV anyone?