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

To: Tom Hua who wrote (8978)	5/3/2001 11:43:21 PM
From: anon	Read Replies (1) \| Respond to of 19633

Tom, I think you're right. My plan is to short the market around 10, then decide whether to cover at lunch or not. I also think you're right about this: "There will be no conventional rally into FOMC this time." One reason i think the first half of may will be bad is the 69-71 day cycle. It has been deadly accurate for a year or more pinpointing the lows in the market. My best guess right now for the lunch period is that we'll get a low there and bounce. Dont know how strong it will be though.. We can just stay red even with the bounce. Thanks for your thoughts on the fundamental side of the market.

To: Tom Hua who wrote (8978)	5/3/2001 11:53:58 PM
From: zx	Read Replies (1) \| Respond to of 19633

i had been worried about tomorrows employment report, and am feeling nervously bearish now. added itwo short (afterhours) to go with my manu short. almost added ila under $29 today. wonder why this stock is staying down. took some of last months profits and payed off a credit card with 22.4% interest rates today. it felt great. thanks for your ideas. Tom, i really appreciate you and everyone on this thread.