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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (2003)	5/28/1996 11:27:00 AM
From: Kevin	of 58727

Tom. Re our RSI discussion. Since we've been discussing our RSI strategies, I've been pulling out examples and testing them. I've been picking one's like we discussed: closed prior day with 9-day RSI in low 90s and trading current day higher (with RSI 95, or over). So far, things look good. SYQT , as you already know, is way down from the mid $17 level when we first discussed it (traded as low as $8 3/8 this morning). FLSHF our next example we talked about Friday, trading as low as $11 1/2 today (falling from 17 1/2 when it's RSI broke 95). Today I said CAWS would be a good play. Friday RSI = 94...opened higher this morning. Opened at $15 3/8 and went as high as $17 1/2. Let's see what happens here. Maybe I am on to something....????

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