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To: AllansAlias who wrote (86346)11/22/2003 5:39:44 PM
From: NOW  Respond to of 209892
 
that is the problem: they know you were waiting for the public imagination to be captured before shorting at will so they didnt want to make it that easy.



To: AllansAlias who wrote (86346)11/22/2003 6:22:43 PM
From: The Freep  Respond to of 209892
 
You are NOT allowed to be confused, AA. The whole gist of things here is that you'll come back and save us all from this confusion <g>

I remain unhappy with this bottom. I remain unimpressed with the bears, who had a chance to push and didn't take it. We could be done with 1/A down. We could be about to start an oomph down. We could be done with down entirely. QQQ puts say we don't go much below 34 in December or much below 33 in Jan. Individual stock options sure make me think the upside through January is also limited (e.g. 340K calls on MSFT at 30 vs 147K puts. 179K calls at 27.5 vs 108K puts. More puts than calls at 25. Even something as innocuous as JNJ has big calls positions on the January series.). Maybe we should take the rest of the year off?

FWIW, the local TV news here in LA is also very funny, but probably not intentionally.

the freep



To: AllansAlias who wrote (86346)11/22/2003 10:36:22 PM
From: NOW  Respond to of 209892
 
On the other hand AA: exactly what signs of euphoria were you waiting for?
Tech trash in vogue bigtime? check.
mutual fund investing anew despite controversy. check.
everyone certian economic expansion goes on till the cows come home. check.
volatility in the toilet. check.



To: AllansAlias who wrote (86346)12/1/2003 5:58:22 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
cheers to AA for this gutsy call:
"I do not think that we have satisifed my call for the market to capture the public imagination before it turns down, ..."
If he is around anymore....