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To: AllansAlias who wrote (44881)	7/9/2002 3:43:51 PM
From: yard_man	Respond to of 209892

>>This will be the second highest close for VXN, beat only by 6/26<< It should be higher than that if we are turning from here, IMO. Show me the 70's and I'll cover some 950 goes and we are going to new lows, IMO.

To: AllansAlias who wrote (44881)	7/9/2002 3:45:09 PM
From: ajtj99	Respond to of 209892

So am I. Flipped from USPIX to UOPIX today as of the close. We'll see if I get killed or not tomorrow.

To: AllansAlias who wrote (44881)	7/9/2002 3:46:20 PM
From: marginmike	Read Replies (2) \| Respond to of 209892

Allan in 70's P/C stayed high for ever. I am beginning to believe in myths-g/ng- There seems to be nobody willing to buy these stocks at this level. The rallies are getting worse and worse. I am beginning to believe we go down hard next few days and get VIX closer to 40's then we might rally. I sold my Qcom long(even) and QQQ's for a .30 cent loss and re-shorted FNM at 72.50. I am sorry I let my IBM shorts go. This is beginning to look ominous. The fact GOLD is up today on no news is showiung that people are beginning to not no where to hide. Outperformance of stock usially leads POG and dollar decline. So we will see.