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To: Alski who wrote (1737)8/12/1998 7:42:00 PM
From: Timelord  Respond to of 14427
 
O/T Alski

I just replaced my old SI link with the DNS address and the response time is much better! Thanks!

Alex



To: Alski who wrote (1737)8/12/1998 9:04:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Alski,
I'm in win95 and I opened a DOS window and typed
ping www.bloomberg.com and the reply was "This program cannot run in Dos mode".

What's wrong? Is it my operating system or something else?

Pete - the evil tower did hold support at $30 yesterday despite its early intraday trades below $30. Therefore, today's bounce was expected. However, there was no buy volume today unlike previously when there were plenty of buy volume to push it back up. I am still short and with the market condition as it is this one has a pretty good reward/risk ratio. I rate it 70:30 here. Unlike MU, which I would rate 50:50 anyday due to its irratic internut behavior.

Shelia - now that you have level 2, if you happen to find out anything interesting about SCTR and the MM's, please fill us in. We have been speculating and cursing the MM's but some actual numbers will do wonder in clarifying our argument. Know that you are out so just do this as a hobby. Don't want to borrow up your "real" time.

LT - I don't think Abby Cohen is married. She is still available in case you are ..... Therefore, you must be talking about her father Mr. senior Cohen. Anyway, what do you think of NKE now? I did join you on the put side today and so far life is as straight forward as predicted - once NKE broke below $43, the floor suddenly appeared very deep. This time it may be your dead money no more.

Sand - regarding SEV, I don't have any new news except that it will likely take more than 10 days from last Sunday before they announce anything. Once the timing gets closer like next Monday, we shall see if there is any fresher news emerge. Everything else being equal, SEV is trying to find a base here. The short side (play on oil price and Columbia oil which is ultra cheap from OIL's inability to fetch a bidder) is being balanced by the long side which play on this upcoming flowtest announcement. $15 is the resistence and if it breaks $15 I expect it to go to $16 1/2. However, it may just trade between 13 and 14 7/8 for the next five sessions. Watch the put/call premium and volumes as those have traditionally been very good indicators of big news coming.

Coverd INHL and FLC today. Shorted MDCO at 12. Will reshort INHL at around $30 (will be the fourth time in two weeks if it gets filled tomorrow).

Current Put's include CL, MRK, NKE, MU and CA. The latter two I'm afraid are gone money, but that is the downside protection of buying put. One can only lose so much.