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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (1969)	5/23/1996 12:06:00 PM
From: Kevin	of 58727

Not much time for riding so far. Too many engagements to go to on weekends. I'm glad I got out of ASND when I did. To me, it is at a point where it's going to move up, or down $4-$7 in a relatively short period of time but I don't have a feel for which way. The RSI is in an almost "neutral" spot---not low enough for me to get excited about calls and not high enough for me to go with more puts (or to have held the jun 70s I had). SUNW still looks ripe for a short sell off, but I haven't hit this one for an effective gain yet---what I mean is, I've seen 2 - 3 point declines, but not too much more. Did you read my post to Pascal about program trading? IOMG was such a text book example yesterday. USRX was another one, but in the opposite direction. I definitely want more info on this strategy.

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