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To: JRI who wrote (10460)8/20/2001 10:21:58 AM
From: John Madarasz  Respond to of 209892
 
Dollar is due for the ubiquitous bounce back to resistance...200dma?, but yes, I think you are right on.

This is a very dangerous time indeed...no place for complacency, and probably smart to be trading small.

Pretty big cycle turn on the 28th... should be a low. Minor turn on the 23rd i believe



To: JRI who wrote (10460)8/20/2001 10:23:03 AM
From: marginmike  Read Replies (2) | Respond to of 209892
 
Sold my Bkx sept's puts(will get in later). Went long 5K QQQ's for a scalp here. Sox/BKX have been strong all AM we will rally here.



To: JRI who wrote (10460)8/20/2001 10:31:01 AM
From: John Madarasz  Respond to of 209892
 
talk about a satisfying short...how about Toll?

Some of the Sh*tiest quality I've had the mis-fortune to witness in my 23 years in the trades...and they're slapping up 200 more just up the street from me...former cornfield/beautiful green space<ng>

Message 16233412



To: JRI who wrote (10460)8/20/2001 11:03:00 AM
From: Moominoid  Respond to of 209892
 
And countering that, huge short positions. Also, if funds don't have much in the way of gains they won't tax sell to balance them either.


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