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To: waverider who wrote (3313)	9/24/1998 10:30:00 AM
From: Thean	Read Replies (1) \| Respond to of 14427

Diamond, this old time POS of LT has a history of gradual turning and churning with a steady trend. If it can close today above $39, then it will be a while before it goes below $38 I'm afraid. This one is a slow-grinder. $43 is a strong resistence but for short term trades, NKE is a lousy idea. Just ask how long LT has to wait while NKE kept blowing up in his face - a 6 month wait!

To: waverider who wrote (3313)	9/24/1998 10:33:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 14427

<H> For what it's worth, I picked up some January 35 puts this morning on NKE. I may be stupid, but I'm stubborn. ROFLMAO. What the heck, you either believe that there will be a reckoning and the truth will be exposed or you give in to the short-term trend. That's my take. I have no clue if I am correct, but I think I see NKE dropping off from this rally. Of course, I'm just looking over LT's shoulder into his crystal ball. The haziness from the smoke-filled room can certainly alter my perception. BTW--what ya think about UN and EK? The bearish sentiments on this thread is getting run over by the bulls trampling across the terrain. mike