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Strategies & Market Trends : Giant LEAPs...
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To: Rick C. who wrote (128)5/3/1997 6:32:00 AM
From: William H Huebl   of 315
 
Hi Rick,

Let's try USRX first... for it to go anywhere, it must get above the 65 level... a very convincing trend line runs through that area! Also, the 200 day MA MOVING DOWN is there also. In your shoes, I would get out when it hit 65, if not before!!!

COMS is now in a downtrend and 35 represents strong resistance for the stock. I would forget the call side for this stock until the 200 day MA turns up... may be a long, long time.

Regards,

Bill

PS, I also said that if COMS went below 27 that it would end up at 8 (yes, that's 8.0!)
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