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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (12964)	9/26/2002 11:58:45 AM
From: Dale Baker	Read Replies (1) \| Respond to of 16631

The gold bugs are trying to decide who to blame for POG's latest failure to break 330. Trading some CD as on overdone drop from 10.30 with tight stop. Target 11+ if it breaks out this afternoon.

To: Bruce A. Brotnov who wrote (12964)	9/27/2002 6:27:41 PM
From: mishedlo	Respond to of 16631

A move of DOW over 8000 could trigger some serious short covering. Naaaah - Mish says we are going to 5000 or lower. Gee, Mish where are you today as we haven't heard a peep from you yesterday or today? I doubled up my puts on Thursday and YES I was NERVOUS as HECK. But it only put me at about 35% short or so, so I had time to add once or twice more. I was not happy but I am convinced. Yes, we are headed lower. Stick with total garbage (btw I am mostly in non-tech) where the chance of a huge squeeze is far lower. Would have loved to catch the plunge in BRCD or BRCM, but sticking with "safe and sane" shorts like S and GM and FNM. They might be buys at $5 or $3. M