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Technology Stocks : INTEL TRADER

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To: Trading Machine who wrote (6715)	9/3/1999 2:15:00 AM
From: MonsieurGonzo	Read Replies (3) of 11051

TM:" OEX.X stuff... " ...looks like we don't wanna close below ~688; that would suggest a re-test of near-target ~665 or more, mebbe down to 650~655 area :-( >daily chart on OEX has a sell signal with the stochastics turned down n e g a t i v e... What value are you using for %K on your daily chart, Paul ? >TB and I beat it up every which way and concluded that it's a crap shoot either way... yeah - we're traders, not gamblers (^_^) OEX.X just sittin' at the 50, Dude, waitin'. Since the next move, whatever it is likely to be, is likely to be explosive either way - seems to me like Thursday CLOSE was an ideal time for one of them "Long Straddle" thingys... ...plus or minus ~35 OEX points apparent extent. " Please fasten your seat-belts and replace your tray tables to their upright and fully locked position ! " uh, captain Greenspan... are we landing or are we taking off ? -Steve

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