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I expect yearly low to be sometime  in June
Ben
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  <A title=delta88343@xxxxxxx 
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  Sent: Thursday, December 04, 2003 10:28 
  PM
  Subject: Re: [RT] The Market 
  environment
  
  Ben/Earl, 
   
  Why so far out on the puts (july)? Wouldnt a hefty premium be paid for 
  all that time? Or is that the idea?
   
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