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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (55219)	10/11/1998 4:00:00 PM
From: SkyDart	of 58727

Don, Its uncanny how prices stabilize during expirations week, thereby creating losses to long call and put buyers, while benifitting those who sold short or covered options. This scenario has been sooo [please forgive my spelling] predictable that one can make assumptions about what is happening. Your postulation seems quite logical, and I would bet that the selloff down to 6600 to 6900 will be postponed until AFTER expiration for obvious reasons. Keep up the outstanding work! Jeff

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