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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (8979)2/15/2001 7:20:03 PM
From: Nancy  Read Replies (2) of 11051
 
Steve,

I think the least stress way is keep taking st profit and re-enter - this market has been trading range bound and volatile - a 4-7% profit can be taken long/short at least 4-5 times within the same time frame. i see the range on NDX is between 1/2-3 low and 1/24 & 1/31 high, because no more intra-meeting rate cuts and earnings downright ugly.

we would gap down tomorrow so we are looking at an island reversal now.
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