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

To: Smart_Money who wrote (62025)5/6/2002 9:14:47 AM
From: ajtj99  Respond to of 99280
 
I'm with Syl. I think we've got maybe 10-20 points down before we get a short covering rally going into the Fed. Lots of indices will hit virtual double bottoms (SOXX, BTK, etc). that people will want to buy if they hold.

I was planning on holding puts for a long time, but an oversold bounce could be quite powerful when combined with Max Pain for May.



To: Smart_Money who wrote (62025)5/6/2002 9:24:48 AM
From: 4rthofjuly007  Respond to of 99280
 
>>You ready for another down day on the street. Can't get any good news. <<

Here is some potentially good news for longs>>

Message 17427512

I have started buying rydex dynamic long funds.


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