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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (6426)	4/27/2001 11:42:02 AM
From: dennis michael patterson	Read Replies (1) \| Respond to of 52237

I am surprised the Naz has satyed up as well as it did. I am glad I sold my May puts. I am hoping for a ramp to buy em back again. But I wonder if we won't just start to sloooooooooowly drift lower again. Gotta stay short in that environment. Puts just don't go up fast enough!

To: Paul Shread who wrote (6426)	4/27/2001 11:49:44 AM
From: JRI	Read Replies (2) \| Respond to of 52237

Hi Paul, DMP et al... I'm still working under the scenario that this morn...was a prop job by the houses to unload inventory at higher prices...cause yesterday's candle on the COMPX (and multiple failures to get over 2100) screamed lower over the next few days.... We didn't total selling collapse early (after the initial gap)....IMO....cause some got faked out by the early move....some shorts covered....some fence-sitters said..."hmm"....and a few bears started thinking long.... Its still early yet here.....averages still hanging in their stubbornly...we'll see....a break of 2100 would obviously open up all sorts of bullish scenarios.....I'll be p.o'ed if the market closed today at or above 2070.......that'll force me to do some serious thinking going into weekend....I hate the possibility of being gapped up (and over that 2100 on Monday)..... Woa...Naz looking stronger... Good luck to you guys...