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Strategies & Market Trends : Tech Stock Options

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To: ratan lal who wrote (45601)	6/11/1998 7:39:00 PM
From: Patrick Slevin	Read Replies (3) of 58727

It was just a bet between traders who were not doing anything except complaining about how bad our golf game was. I think we came in around 3 ET and watched it drop to -165 and we both looked at each other and said here's where they try to rally. He said 30 I said 25 and I lost. No different than when you are playing with real money when you think about it. You think that the market is going to bounce and you play it and get out. Same thing. Even a 25 point rally on the DOW is a couple-three spoo points. You play for a G-Note a day don't you? 2 or 3 spoo points would have done that for you on only 2 contracts, yes?

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