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To: Ray Rueb who wrote (3651)	8/31/1998 8:43:00 PM
From: Sea Otter	Read Replies (1) \| Respond to of 10081

Actually, we held up fairly well until the end of the day. Perhaps that means something, perhaps not. One would expect a market bounce tomorrow. I suppose those with nerves of steel can try to play it. Not me. Sitting on my cash and not budging. Agreed about November. I believe lots of small investors are going to get crushed in the interim. I'll be watching Japan/HK tonight - and action in the Duma. Unfortunately this counts for more than Markman at the moment. Sea Otter

To: Ray Rueb who wrote (3651)	9/1/1998 1:29:00 AM
From: Ray Rueb	Read Replies (3) \| Respond to of 10081

Dow down 500+, GMGC did what I said (for a change) What a day today! My NSCP short got me $5,000 today alone when I was down to only $12,000 in my account last week. I'm trying to trade my way into enough cash to buy a good long position in GMGC when it gets under $3.00 sometime in October. My sister says I'm truly addicted to gambling in the market, but haven't hit my personal bottom yet. My attitude is I'll get out in June (hopefully GMGC will be over $20 and I'll have over 10,000 shares). << I believe Monday will bring a jump up in the morning (to 7) and a close under 6. I believe GMGC is in for another pounding short term. I'm clearly too emotional about GMGC, so I'm not trading it. If I were, I'd try to short on Monday at 7 3/8. >> Well, the high was 6 3/4 after an open of 6 5/8, so my short wouldn't have traded. We did jump up near 7, and we did close under 6 at 5 1/2. As for tomorrow, I'd expect GMGC to be down in the morning (into the high 4's) and then follow the afternoon rally and close only slightly down for the day near 5 1/4. Anyone else want to go on record with a guess? Take care, Ray

To: Ray Rueb who wrote (3651)	9/4/1998 9:10:00 AM
From: Ray Rueb	Read Replies (2) \| Respond to of 10081

GMGC stock price musings As I posted previously, My TA friend was wary of GMGC until it had either hit support at 2 3/4 or build up some support at the 5 3/4 level. Is it possible that we are getting support at 5 3/4? Is there some big buyer out there closing out their short position? We've bounced off 5 1/2 5 times in the last 5 days. Is this the support before an up move, or will support collapse and we blow down into the 4's? I think that today and Tuesday may be telling for GMGC. Friday, a usual day of consolidation, and Tuesday, the first day after a holiday weekend. Those February 5 calls at $2 look very interesting. Good luck to all Ray