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

To: Dave Gore who wrote (33469)	2/26/2002 11:10:35 AM
From: Ted Downs	Read Replies (1) \| Respond to of 99280

Well so far so good on Calpine this AM. Another victim of rumors and credit downgrade news errors. Piling on sometimes draws attention and that company has been s*it on for sometime now. Ted

To: Dave Gore who wrote (33469)	2/26/2002 11:42:51 AM
From: lh56	Respond to of 99280

dave, interesting point. but, imo, there's no way to legislate or regulate against rumors/innuendos of war, or, terrorism in immoral attempts to manipulate markets. in this new environment we just have to learn to compensate and roll with the punches. the only alternative is to give up trading. (g- (what! and leave show business?)) also, i would emphasize, this is an congressional election year. expect anything. market bottoms are most prevalent during this period. (i wish i could remember where i "saved" the chart showing this but i can't. if anyone knows the chart i'm talking about and where the original came from i'd appreciate it.) in the meantime, have mar22.5 puts/mar30 calls on brcd. has me frozen right about in the middle. i think there's a resistance gap level around 30. also, resistence at about 20. anyone else see this? tia. regards, larry