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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (55199)	9/21/2001 1:57:44 PM
From: David Lind	Read Replies (1) \| Respond to of 94695

Why should we bounce, other than the outside possibility of a tiny trading rally? What reason is there for anyone to buy over medium term? When the results hit the bottom line for the complete economic shutdown we have seen over the past two weeks, we are going to have another leg down. Add in the possibility of military action, and a Fed that is totally out of ammo, and you are looking at a very bleak picture over the next few months. The only money I have made is shorting the indexes. My patriotism won't let me short stocks!

To: Real Man who wrote (55199)	9/21/2001 2:56:26 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

The change of season provides an opportunity for a change in market sentiment... also, we may also be looking at a five day island reversal exhaustion gap beginning on Monday morning, the first market day of a new season... and at a price level which is significant..... I believe taking a long position at this price/time point is a relatively low risk trade.....BWDIK I'm still long the Dec SP's from 944 and 954 and would add at 934 if we get there today..... GZ