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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.98+0.5%Jan 22 4:00 PM EST
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To: Jon Khymn who wrote (36925)1/6/2000 10:31:00 PM
From: Terry Whitman  Read Replies (2) of 99985
 
I wouldn't touch those stocks with a 10ft pole. But that's just me. I'm pondering an AOL short position.

If I were buying calls- I might get some airlines. They typically do well this time of year. You could hedge them with oil stocks. One or the other will likely take off. Barring a BK of course.

Tech stocks have had their day in the sun. They may just be in the dark for a while. BWDIK

I do expect you'll see some tradeable bounces in those stocks. Although the Q chart looks an awful lot like Iomega did at it's top, Very dangerous to play it. LU would be safer to trade, IMO.
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