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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (5725)	1/28/2001 6:27:02 PM
From: Paul Kern	Read Replies (1) \| Respond to of 19633

Tom, To the best of my knowledge, the FOMC has never authorized back to back 50 basis point cuts. If the Thursday employment figures don't show a big per cent change, I think we'll get the 25 points at best. At this point, for the first time since August, I have more long positions than short. Longs are ROBV and ESHR bought at fire sale prices a month or two ago, IBEM, PEET, MWAV, and a little SNDK. Shorts are half each of the AMZN for the decreasing cash position and DCLK shorted early last week again and some remaining ZIXI which I have held short for months. Come Wednesday afternoon or Thursday morning, I'll probably be mostly cash. Paul PS: Thanks for the heads up on NUAN -- always a good short when it spikes.