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Hi Jim,
Monday, December 15, 2003, 8:00:16 AM, you wrote:
j> Never a dull moment is right... Holding a short position here :-0
j> Darn!
j> Jim
Yes, but I suspect you know what to do, which is probably NOT cover
on the open, regardless of the (probably brief) emotional pain. My
advice would be to go out for a long brunch just before the opening,
have lots of champagne with your eggs benedict, and maybe sneak a
peek just before the close. Almost without a doubt they are going to
try and shake the short tree very hard on the open to see who falls
out. It might not even be that bad in the US though, since the US
opens last in the global day and will have digested the Asian
feedback, along with the European open. How about an extremely
volatile day with a flat-to-slightly-higher US open, followed by a
sharp, short rally, followed by . . .
Yuki ^_^
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