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Strategies & Market Trends : Tech Stock Options

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To: Michael Hillman who wrote (2487)	6/11/1996 5:07:00 PM
From: Pascal A. Mons	of 58727

Michael, The problem these days (referring to what you said about IOMG) is that there is no obvious win on a day basis from a trader point of view... No easy buck to be made... I like when the bulls get out of control as recently on IOMG, then you ride with them a little and bring them down to a trickle with lot of $ amplitude... At the moment it's wait and see... Hope for the good old days... The star today is undoubtly PAIR up $8 @ 114 1/2, then CyberCash (CYCH) was impressive too up $4 1/2 @ 63 1/2 [it came within $1/4 of its all time high] and has been strengthening while the market was sliding. Then in descending order : FORE up $2 1/8 @ $39 1/8 managed to keep its early gains. NSCP up $1 3/4 @ $66 1/2 MSFT up $1 1/2 @ $122 1/8 the obvious PC duo... en route to new highs. INTC up $1 1/8 @ $75 1/4 CSCC and AMTX lost only fractions. The others followed the market heading : South. Some kind of support @ $40 for IOMG. Volume was not here today. May be tomorrow after the May CPI release...

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