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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?

To: Digitom who wrote (148)	12/28/2001 8:34:57 AM
From: Stephen M. DeMoss	Respond to of 387

Thanks for your input again. On Ford, I think it will come back to the 15 mark near term. I am expecting the market to retrace some of its recent gains. Since I was expecting that for a while I thought F might break down to the 12.5 area. Now that it has firmed a bit here, future weakness in the markets would likely make it double bottom around 14.8 or so. That is when I would get on and sell the 15 strike going out a month. The valuations on the market as a whole are getting rich. I am planning on waiting for things to come back to me. If they don't I will buy some nice locale bonds which are paying 7% tax free. Keep in touch as ideas come about. I'll do the same. Steve D.