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 Strategies & Market Trends : IPO and Other Stock Plays

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To: yossarian67 who wrote (4460)1/27/2004 4:07:35 PM
From: Elmer of 13329
 
<all 6 of my longs red today>

I look to the IPO market and aftermarket performance as an indicator of the health of the overall market. Next week's crop of IPOs should tell us a lot. If product by good underwriters is tough to sell, a correction may not be far off. Cash may be good.
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