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Wednesday, September 20, 2006

The site did not work again at 1pm so this is brief. The market was up over 70 points on good volume. Advance/declines were positive. I am getting killed with the puts. I may have to just get out and take the loss. I obviously was wrong. My prognosis did not materialize. I should have stuck to the rules and not traded so many contracts. You get what you deserve. I will wait to see how the week closes out but these things were wrong. My timing was way off. The Fed left rates unchanged. Otherwise it was just another good up day in the ongoing trend. The market is telling you that prices are going higher. The puts won't work.

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