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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (24157)	8/16/2001 8:30:41 AM
From: Mike M	Respond to of 30051

Still my best guess is that we are looking for a short bounce here somewhere this AM...Gotta take the fluff out of the "puts" too. While I don't entirely disagree with your take, "Frank" imported beer (Fib for short) has for some time recognized that he can no longer afford the lifestyle and has become a closet domestic. He still dabbles with day trading but the debt load doesn't allow him to make good decisions any more. Hence, he really is J6P and is usually on the wrong side of the trade and today is probably no exception. Regards, Joe, er...uh, Mike