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Re: [RT] Re: [wheelsinthesky] sp 500



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Hi Ben,
 
I would take that bet, but with the 
current price of Krispy Kream donuts, the risk/reward ratio is not worth 
it. {;-)
 
Good luck and good trading,
 
Ray Raffurty
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  none 
  
  To: <A 
  title=wheelsinthesky@xxxxxxxxxxxxxxx 
  href="">wheelsinthesky@xxxxxxxxxxxxxxx 
  
  Cc: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, May 22, 2003 3:47 
PM
  Subject: [RT] Re: [wheelsinthesky] sp 
  500
  
  I still bet $$$  to donates that   
  935-939
  WILL be a   roof
  Ben
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Stuart 
    Briscoe 
    To: <A 
    title=wheelsinthesky@xxxxxxxxxxxxxxx 
    href="">wheelsinthesky@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, May 22, 2003 1:45 
    PM
    Subject: Re: [wheelsinthesky] sp 
    500
    
    Joe,
    With a fresh wind at their back, the bulls will 
    force all the shorts to cover now.  tick and tiki are especially strong 
    today.
    <BLOCKQUOTE 
    >
      ----- Original Message ----- 
      <DIV 
      >From: 
      joe 
      frabosilio 
      To: <A 
      title=wheelsinthesky@xxxxxxxxxxxxxxx 
      href="">wheelsinthesky@xxxxxxxxxxxxxxx 
      
      Sent: Thursday, May 22, 2003 10:23 
      AM
      Subject: Re: [wheelsinthesky] sp 
      500
      At 06:21 PM 5/21/2003 -0500, you wrote:Hi 
      Stuart,        I 
      was watching the futures this morning and the same for me, weakness and 
      caution.  When I came back from court I saw the big rise in price, in 
      looking for what was the reason again rumor of hope about another rate 
      cut.  My eyes just rolled back and not again, which shows that things 
      aren't as good as the Fed would like the public to believe. 
      IMO        The 
      WSJ has been on a different path than the Fed.  If anyone who has 
      been reading the paper would know what I'm talking about.  Maybe I'm 
      too in-sync to what the WSJ is saying and whats going on in the 
      Dallas/Fort Worth area.   
              Bought 
      PUTS on some home builders expire in Jan 04.Trade Well,Joe 
      Frabosilio        
      Still 
        holding OEX 475 puts bought last Thurs and Friday.  NYSE tick and 
        other internals were strong today and yet the SP was not able to break 
        above 925.  One potential scenario has further weakness  
        coming in by late tomorrow/early Friday.  Terrorist alerts seems to 
        be muting the positive effects of trader bullishness over MO and tech 
        strength.  Back in the mode of anxiety before major US 
        holidays.  Very light economic calendar this week and earnings 
        reporting is about over for Q1.   <FONT 
        face=arial size=2>Will know soon if this correction bottomed on Tuesday 
        or this slight rally is just a w.4 retracement on 15-30 minute time 
        frame.  Job claims at 08:30 et tomorrow could move market early 
        only if way out of expectations.  Moving average of 400k is still 
        expected, indicating weakness still there. <FONT 
        face=arial size=2>June still looks weaker than May presently.  
        June-July often weak 
        historically.     
        
          ----- Original Message ----- 
          From: none 
          To: <A 
          href="">realtraders@xxxxxxxxxxxxxxx 
          ; <A 
          href="">wheelsinthesky@xxxxxxxxxxxxxxx 
          ; <A 
          href="">ntt-list@xxxxxxxxxxxxxxx 
          Sent: Wednesday, May 21, 2003 11:59 AM 
          Subject: [wheelsinthesky] sp 500<FONT face=arial 
          size=2>
          Hello 
          got stopped out of shorts at 922.5 
          (about 11:45am   est) 
          Ben
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