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Re: punkle post# 71209

Monday, 02/03/2003 7:54:05 AM

Monday, February 03, 2003 7:54:05 AM

Post# of 704049
>>>Thanks Bearmove. Long LU as well. May build more of a position.
RMBS opening a bit higher this morning. What do you think we do today? I remember you shorted but then changed your mind. I'm short a bit and thinking of covering here in pre-market. Would you wait until the open or just close shop here?<<<

Seems to me that many traders may want to take profits and move to the sidelines going into Wed's Iraq presentation. I'm thinking that Tue may be a better day to short. I'm personally going to stay away at this point. I don't like the risk here now.

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