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To: Eddie Kim who wrote (45069)5/27/1998 5:08:00 PM
From: Walt Corey  Respond to of 176387
 
Eddie, I am not addressing overvalued, although I don't think that is the case. I am also not familiar with underbought, unless you mean a synonym for oversold. low $80's and especially high $70's is oversold. I suspect a fair pricing would be high $80's low $90's. If you were saying a healthy discussion of what overbought and oversold is on this thread would be in order, I agree. Besides one makes time Eddie. But for the others, I don't want to hear about 'commodities' until and unless the market is pretty much evenly divided up amoungst the players. This is currently not the case. There is plenty of branding in this sector. Just MHO.
Walt



To: Eddie Kim who wrote (45069)5/27/1998 7:02:00 PM
From: DavesM  Read Replies (1) | Respond to of 176387
 
Eddie,
Correction: For every buyer, there is are Market Makers. And for every seller, there is are Market Makers. Unless you're trades go to an exchange where you have a Specialist...or, you're a SOES trader.