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To: Joe Smith who wrote (24554)6/24/2005 9:55:56 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Looks like the ppt is active this morn, attempting to hold this turd of an overvalued market up...
Managed is right!
My 65 cent basis SPYSP (SPY 120 puts) now 1.30 Might be time to book a gain..

Talked to some of my trader buds, and they are now thinking a real squeeze is coming in crude oil, like $70-$75 maybe more if something blows up.

Oh, and the cause of the dump yesterday?
Greenspan & Snow basically said we (the US) can't compete with China, and that shook up some people...

Traders dream is right, this is fun!!!!!!!!!
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For those that are wondering what is this ppt these guys are jawing about, here is the ppt primer, as a public service>

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