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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (217)3/31/1998 9:10:00 PM
From: dealmakr   Read Replies (2) | Respond to of 650
 
Pancho,

Well are we at a double top or going higher. Closed on a block of 25k at 31 1/2. Last chance for some institution to get it on the books I guess. Don't know what everyone thinks, but if it closes at 32, I don't see the upward trend stalling yet. Bot puts and might cover the short and watch from the sidelines for a while. I definetly agree with your fundamental analysis of what is going on behind the scenes. When this one goes it will go hard. It will be interesting to see if there is any followthrough from this point on the upside or not. New quarter starting tommorow. Just my thoughts.

Good Trading

Dave



To: Pancho Villa who wrote (217)3/31/1998 9:18:00 PM
From: Mike Greene  Read Replies (1) | Respond to of 650
 
Pancho,I know BLY is good at hype. First stock I ever bought was Bally (mid 70's). I made 150% in two months time when I sold. After that I thought the market was a bag of shells. Learned a lot since then and that is why I am going long. What price are you looking to cover at...25....20....15....10....5 or less? I am interested to know. Thanks Mike


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