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Re: FED cut forewarning



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>People should expect the unexpected, and protect themselves
accordingly. If the shorts had some >kind of protective stops on the
books they could have survived.

Protective stops aren't going to do you much good with moves like that.
If no one wants to sell to you, stops mean didly.  I had closed out my
shorts a few minutes before, and left the screen, so I don't know if
anyone made the market on the way up, but it sure would have been a dumb
short.

Dave