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To: Heg Heg who wrote (34971)2/12/1998 2:15:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
HH

that must be an american thing....

he was joking..now that he made the prediction...the dow would close below what he said

so far my prognostication is working out for today....but I guess it doesnt count cause I am not making a trade on it..... I think we close below where we are now (around down 21)....but could be as much as the low of the day so far......but I aint betting any money on it

RICH....just talked to DELL......time to short them ...LOLOLOLOL



To: Heg Heg who wrote (34971)2/12/1998 3:00:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Heg,

At the time I wrote that note the DOW was around negative 50.

Firstly, I made a miscalculation, since I was basing my calculation on the SPX. I had indicated also that the SPX would close from negative 6 to negative 2. Therefore using a 8:1 ratio the DOW should close in the negative 15 to negative 40 range, not negative 20-50.

Now, when I said "Watch, the DOW will close down 100", I was just joking. Sorry for confusing you.

WOW, as I am writing the DOW is now positive. Guess I will buying more PUTS tomorrow, as long as the DOW does not close above positive 20.

Seeya