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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: paulj who wrote (1516)	9/18/2002 8:24:44 PM
From: Jorj X Mckie	Respond to of 57110

Really, it wasn't that bad. If you think about it, $400 on a trade can add up. I have reset my definitions of a successful trade nowadays. I have no idea what tomorrow will bring. Conventional wisdom says that the market has to go up based on p/c ratio / maxpain. Then again, this could be the first real example we will see where delta hedging drives the market down even harder. I shut down my NVLS short to reduce my exposure. As Nancy had pointed out, it was pretty resilient today on a relative basis. going into tomorrow short FDC, FNM, BRCM, SYMC.