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To: byhiselo who wrote (7577)12/15/2000 1:48:12 AM
From: pbull  Respond to of 13572
 
OK, UPS warned. United Parcel Service. Ten days before Christmas. Plain enough?



To: byhiselo who wrote (7577)12/15/2000 8:46:39 AM
From: mishedlo  Read Replies (2) | Respond to of 13572
 
<<imo only, buying the weakness tomorrow will be a very
educated and profitable bet, especially if we spike down to close>>

Actually I concur with that opinion.
I want a brutal day and if we get it I will close out at least some if not most of my PUTs.

If we do retest 2500, however I do not think you will see 3200 in 2 weeks. I will give you 50-60% bounce of the difference between 2500 and 3100.

Thus I say a christmas rally to about 2800.
A Jan rally could add another 200-300 points then back down hard.

That is how I am playing it.
No longs. Daytime shorts and/or PUTs on big bounces.

M