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To: John Dally who wrote (4787)8/31/1998 11:01:00 AM
From: Joseph G.  Read Replies (2) | Respond to of 86076
 
First - don't take it too seriously, I see it more as a sentiment indicator.
Second, it's been down 21%, so we should expect at least as much from the market before a rebound. Rebound is possible - and it is IMO weakly predictable, so the point is to make a plan what to do should it occur. I say - sell any longs, if any, and establish more shorts, if prudent.


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