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Zeev Hed

11/20/03 2:18 PM

#173016 RE: James Bondage #173011

Possible, but unlikely, if tomorrow is hard down, Monday will likely end up at least lightly up, IMTO. The window for a low between 1865 and 1880 is open till Tuesday, so everything is possible. The 1880.31 printed yesterday, does satisfy the "requirement", though. Minutes earlier, sold NVEC both positions at $48 flat, a total loss of $1.12, still positive on the day, but no double bucker. May reenter later....

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Train Guy

11/20/03 2:20 PM

#173020 RE: James Bondage #173011

So you think we're close enough to max pain for expiry and they're just going to cut them lose starting tomorrow? Or maybe they've already started now.
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Joe Stocks

11/20/03 2:20 PM

#173021 RE: James Bondage #173011

>>I have hard down Friday and Monday..<<<

I don't feel comfortable with all these terrorist bombings. Today I'm working on hedging my long term long positions. Thinking about some cheap out of Dec OTM QQQ puts. With the end of Ramadan near I can't see anyone wanting to be out on a limb long here.