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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (25166)1/29/2002 12:43:26 PM
From: orkrious  Read Replies (1) | Respond to of 99280
 
This one caught me a bit off-gaurd, as we are still 1-1/2 days until the end of the Fed meeting.


I think after yesterday's selloff, people decided not to wait. They are trying to not squeeze the last buck and are bailing now.



To: ajtj99 who wrote (25166)1/29/2002 12:54:37 PM
From: sylvester80  Read Replies (2) | Respond to of 99280
 
That is why I shorted all 3 tries at 1960. If you are wrong you just cover on the break. But if you are right you don't end up losing a move down like today. The fact is that there continues to be a huge downside risk while very little upside risk. So as I said before people should be taking advantage of any bounce and getting out and/or taking shorts. JMHO. Lots more downside ahead.


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