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To: marginmike who wrote (38726)	5/10/2002 10:43:50 AM
From: AllansAlias	Respond to of 209892

I still have 50% of my clown longs from last week. As posted here, stuck with the plan and sold 50% at Wednesday's close. I have no desire to be longer as I have too much respect for the fact that the window remains open to my Sep low breach. Everyone is watching that 50% retrace we bounced off off, and of course, it's the gap. This is critical here: If tech now flops about a little and then prints a new low vis a vis this morning, even a very minor one, it will look like 5 waves off the Wednesday top and the start of fresh down. For now, nothing has changed. My favoured is still my favoured. If we do not shoot pretty hard today to new highs though, the favoured will die.