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

To: AugustWest who wrote (14815)	12/2/2002 3:37:32 PM
From: LTK007	Read Replies (3) \| Respond to of 57110

<<I think there are enough stubborn bulls who are having visions of sugar plums and tech recovery dancing in their heads.>> I have heard both Cashin and Yardeni say repeatedly that this market can NOT achieve it's bottom until those "stubborn tech bulls" realize it is over for the techs. i only wish i knew how many hammer blows to their head is required to get them to get their ability to get into "sugar plum dreaming" , to stop:)

To: AugustWest who wrote (14815)	12/2/2002 3:38:44 PM
From: mishedlo	Read Replies (2) \| Respond to of 57110

I'm also a firm believer that one day we will wake up to a tremendous gap down of like 10/15/20% Thatis why I have been keeping some short positions over nights. Of course it is costing me in the mean time. I do not recommend this strategy to those who are attached to their money :0) AW I am in the same boat. Pissed that I did not get a bunch (or even 1) spx put near the high today. M