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Re: schloss_1 post# 109637

Wednesday, 05/21/2003 9:25:45 AM

Wednesday, May 21, 2003 9:25:45 AM

Post# of 704048
schloss...

Yep - yesterday afternoon was a classic AG ramp job. He has yet to miss ramping when any bad news comes out concerning the war on terrorism, and I figured my shorts were in trouble as soon as I heard the terror alert status had been raised to "high".

I also note that this morning, even though the futures are down the $USD has been steadily pushed higher as we head into the opening. That is normally an early warning sign and I suspect we will get a ramp at some point this morning, probably early.

You are correct about the dividend - you have to buy the stock on or before the day before the ex-dividend date to get the dividend. You can sell on the ex-dividend date and still receive the dividend. The easiest way to think of it is that whoever owns the stock just before trading begins on the ex-date gets the dividend.

Good luck and good trading.

mlsoft

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