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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: tsigprofit who wrote (34835)	1/1/2004 4:05:57 PM
From: nspolar	Respond to of 36161

Hold no UVDE at the moment, don't know if I will get back in, but if yes it would not be for LT. I hold a small portfilio % stake in USPIX. I am interested in USPIX over the longer haul, for '04 and into perhaps '05, but will trade it more than once for sure. Shorts are not investments. I should have traded USPIX for a 10 % profit already, didn't and am now slightly over 5% behind. Not concerned about USPIX in the least, but it is dead money for a while that could be in better use. It will pay off later down the road, imo, and I will add at some point.

To: tsigprofit who wrote (34835)	1/1/2004 10:26:54 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

tsig, I might add that even though I am more bearish than bullish re NDX, this also shows why one might want to trade USPIX, initially, or at least be very careful. finance.yahoo.com^N225&t=my Even though I think NDX is completing an abc sequence, the sequence might just be the 'a' of a A (this would mimic the Nikkei), or the A, or instead of an abc, an ABC. In short it could be a long time before the really big down wave many of us have talked about comes along, or not. Imo there is no way of knowing at this point.