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To: Bucky Katt who wrote (14176)9/24/2003 1:09:16 PM
From: tsigprofit  Respond to of 48461
 
William, I still hold my USPIX hedge, but have had
to add to it as the indexes rose, losing on that part.
Rats still have me up though.

I read today in USA Today that margin debt is getting
back to March 2000 levels - actually is now above all
2000 levels - I just checked the chart.

I see a lot of froth, with speculative stuff popping
up 20% without a problem, and even 177% like the one
I had yesterday. I am playing some too, but am cautious.

We are way up here, and I like the idea of having some
insurance. Wish I'd thought through this around March
2000....

matt



To: Bucky Katt who wrote (14176)9/24/2003 4:04:15 PM
From: Skywatcher  Respond to of 48461
 
OUCH OUCH OUCH......
damn this was nasty today....
spx didn't break 1107.....but tomorrow it will
CC



To: Bucky Katt who wrote (14176)9/25/2003 9:24:16 AM
From: Kevin Shea  Read Replies (1) | Respond to of 48461
 
Why I don't like this current market:

1. Divergences of multiple TA indicators on both DOW and NASDAQ
2. Too much market reporting by Talking heads (contrarian signal)
3. VIX turn up after long bottom
4. It was too easy making money this week (LOL)
5. It's October
6. Recent run-up is nearing/at a Fib % rise.