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To: bacchus_ii who wrote (64982)	12/6/2001 3:07:33 AM
From: kapkan4u	Read Replies (1) \| Respond to of 275872

<Kap, are you raising the bar?> Shorting stock or buying puts is a miserable way to make a living. So I am reluctant to pull the trigger on INTC when the market is going gaga again. Who knows how long it will last. The 10 year bond yields went up which will push up the mortgage rates. My guess is that even a 1% raise in mortgage rates will kill the housing market, which will trigger the next leg down. When I see signs of that I will buy INTC put LEAPS. I hope that INTC will be trading in high 30s by then. Kap