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To: oldcrow who wrote (16629)12/31/1998 2:11:00 PM
From: Jan Crawley  Respond to of 27307
 
I think we're looking at the biggest, meanest, deadliest, shiniest, and most ruthless bear trap that has ever been set.

I think that the "so-called" bear trap was induced by the "sudden" rate cuts and the bullish turn around 5 weeks ago. I think that if I am a big guy, I would be more interested to bank as much $$$ as I can now.

I am long 100 shares, bought after Thanksgiving at $184. Shorted 100 shares a few days ago at $270 plus and covered with profit.



To: oldcrow who wrote (16629)12/31/1998 2:15:00 PM
From: AmericanVoter  Read Replies (2) | Respond to of 27307
 
I thought "Bear Trap" is when the market rebounds strongly only to decline precipitously afterwards... please correct me if I am wrong... am I..?

best regards
amein



To: oldcrow who wrote (16629)12/31/1998 6:00:00 PM
From: tonyt  Respond to of 27307
 
Hmmm.... Refresh my memory...what happened when YHOO reported positive earnings, positive news (i.e. page counts), and a split last quarter?

"greed" could possibly turn to "fear" Monday, or maybe Tuesday.