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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (8546)9/24/2001 10:20:22 AM
From: kodiak_bull  Read Replies (3) | Respond to of 23153
 
Jim & Que,

Good morning. I tried to reload some KWK shorts this morning but missed as KWK fell, now trading at 12.6 X 12.8. Bad news for energy longs today, could get multiplied by further bad news later this week from the usual (alphabet) suspects: API and AGA.

On a more macro level, the VIX is down this morning to 44.76, but for me the pattern has yet to be established. People have tossed in the towel on recession now, the question is for how long.

Today's snap-back rally was expected--it'll be interesting to see if it can hold.

Kb