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Politics : Idea Of The Day
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To: zainrehanzack who wrote (32363)8/3/2000 5:19:18 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
INTC 61.70-61.90 is a good support, a long trade on 65 calls with minimum six months time frame can be initiated if we see these levels expecting SOX to hold the test of 200 days and Comp rebound from the lower level of the gap, the stop loss would be 35% erosion of the premium the trigger of the trade would be around 3540 on Comp considering INTc is now at 62 plus and that one $ drop may take SOX as well as Comp lower.. just a trade you can look at..
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