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punkle

10/22/02 1:31 AM

#37137 RE: mlsoft #37134

I am seeing too much exuberance from the bulls to cover my shorts just yet and keep adding although I will admit it has been a painstaking endeavor this time around. Let's see what the rest of the week brings...

Hang in there. I believe the tide is turning.

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Benj

10/22/02 1:57 AM

#37140 RE: mlsoft #37134

Mlsoft....reguarding the PPT: I was wondering, and please forgive me for my ignorance on the subject, have you ever calculated the amount of money it would take to move a market 10 to 30 %. I have not, but it seems that it would be substantial to say the least. Most people seem to agree that the existance of the PPT cannot be proven but you seem to rely quite heavily on its existance and effect on the markets. Don't get me wrong. I believe that there is a PPT in some form but it seems that the direction of the massive amounts of money to prop up a market to the extent that you believe in should be detectable in some tangible way. Or, do you believe that the gov. simply primes the pump?

Benj

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JMKel

10/22/02 9:43 AM

#37184 RE: mlsoft #37134

Fundamentals are deteriorating while most companies are now meeting are exceeding their forecasts?!

I guess everyone is going to die too. <g>

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Zeev Hed

10/22/02 11:47 AM

#37260 RE: mlsoft #37134

In reedit, and now added CDWC at $50.40 and INTU at $50.35.

In edit, and now added CYMI at $21.44.

Well, I am no sure I want them, but I got two servings of COCO one at $32.50 and one at $34.50. Also got GNSS at $12.45 on which I feel a little better. and just minutes ago I got back that third serving of COO at $52.50.

Got to analyze what the market has done so far before deciding on the next step.

Zeev