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Remember one of the more valid adages about the markets --- "They will do whatever is necessary to frustrate and take advantage of
the greatest number of participants."
With that as a guide maybe a short would be better.
Richard Funkhouser
Mike Steckel wrote:
> Anybody have any thoughts about establishing long positions in globex and holding until war is announced ????
>
> In January 1991 history shows the S&P gapped up and rallied like 20 points in the first hour from the previous day's close . . .
>
> (in today's points I would expect like 40 points since S&P trades only $250 now per handle)
>
> Mike
> --
> What does an anemometer measure?
> Find out at postmaster.co.uk
>
> http://www.postmaster.co.uk/cgi-bin/meme/quiz.pl?id=200
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