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To: The Perfect Hedge who wrote (17515)11/6/1998 9:06:00 PM
From: Lee Lichterman III  Respond to of 42787
 
I agree. I have to keep a bucket under my chair because I drool so hard looking at those puts at these high stock prices. <g>

Dennis, congrats on your AMR puts. As usual, I was too busy to trade today so I couldn't join you or get out of my calls.

I knew you were right this morning when I turned on the news this morning and saw a clip of Clinton spouting some BS. He had bags under his eyes large enough to hold my wife's entire wardrobe in. He looked like someone that had spent many hours on the phone talking to NATO powers trying to get backing for the Iraqi strike he had spent the rest of the night planning in the war room. Right away I thought I either need to get into oil stocks or short the airlines and I remembered our discussion last night. Soon as I got to work though, the poo poo hit the fan and I never saw a single quote all day.

Chat at ya this weekend,

Good Luck and enjoy this fall weather, (at least it is nice here anyway). My fuel pump for my Triumph finally got here so I will be tearing up the mountain roads tomorrow.

Lee



To: The Perfect Hedge who wrote (17515)11/7/1998 8:25:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Beebs!! New bull or giant headfake? Does anyone remember what it felt like at the end of JUly? Was it this euphoric? I hope we get a pullback soon. But then, I've felt this way for a few weeks!



To: The Perfect Hedge who wrote (17515)11/7/1998 6:09:00 PM
From: Electric  Respond to of 42787
 
Good choice B..

I say we wait until near the FED's circus and play the after the fact. If the FED eases, it will effect the market for more than 1 day, and if they dont, the market will go down for more than 1 day.

Either way, it is likely to effect the market dramatically up or down.

Dont put IBM Beebs. It isnt worth the hassel..