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To: Ibexx who wrote (72203)1/26/1999 10:10:00 PM
From: Jay  Read Replies (1) | Respond to of 186894
 
Ibexx Re "could purchase some out of money puts"

Why not buy on the long side instead - I still have a lot of cash (as I suspect have others).

Another way of looking at the current situation is:

If the bears are beginning to throw in the towel - we
are in for an awesome rally in the near future!

What do you think about this way of looking at things?