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Strategies & Market Trends : Giant LEAPs...
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To: William H Huebl who wrote (129)5/3/1997 10:58:00 AM
From: Rick C.   of 315
 
Bill~That trend line running through Usrx at 65 has bad memories from when it was a former massive support level. Most of my May 60 calls are a result of having sold May 65 calls on rare rallies and using the premiums to buy the May 60's. Then I was able to pick up more on the cheap in the last month. A depressing time to have been in Robo, but I've been able to get my net cost down to under 63 from orig. 68 thanks to McMillan repairs. Perhaps the next week will shed some light on the end of the tunnel.

Have you exited HF yet?

Regards,

Rick
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