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To: Lee who wrote (54465)	7/28/1998 12:35:00 AM
From: jbn3	Read Replies (1) \| Respond to of 176387

Bear Trap Hello Lee, To me, if we have a general market correction which affects nearly all stocks, both healthy and sick, and people see the correction as an opportunity to short a good stock or buy puts, not differentiating the sick from the healthy stock, then it's a trap. So a 'bear trap' is not a premeditated device used by market makers or traders to suck in some unwary short money, but rather a misdiagnosis of the macro-market pattern? Or can it be both, depending on circumstances? TIA, bachman