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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Joe Copia who wrote (1794)5/5/1998 4:26:00 PM
From: Dave Gore  Read Replies (2) of 25711
 
GOOD LUCK to any who bought APPLE MAY 30 CALLS...or are buying in the morning before the STEVE JOBS show starts. We will either lose 50% of our investment or make a WHOLE LOT! Pure gambling on this one. We will know tomorrow about 1-2pm EST I believe

BOTTOM LINE FOR ME:
$3,000 becomes $1,500
or
$3,000 becomes $9,000-$40,000 (on or before May 15)

I take a risk like this now and again...if Apple breaks through resistance at $29.75, look out..it should run and options should fly.

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