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Strategies & Market Trends : The Good-The Bad and The Ugly
MAGS 63.81+1.1%Feb 9 4:00 PM EST

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To: Tim Luke who wrote (1678)9/5/2000 10:20:51 PM
From: Oral Roberts  Read Replies (1) of 8686
 
Tim,

Let me qualify to both you and the people that don't know me. I trade options in my short term account. When I am short I have bought puts. In this case my puts cost 275 per hundred shares, so I know what my max loss will be upfront.

Second, although I believe in the company I have to go with what I do chart wise etc. Then if I'm wrong I have no one to blame but me...;)

The only reason I put this out was I think in the short term we might want to keep in mind that the chart is not pretty.

Jeff Roberts

Disclaimer: Chart was not pretty on ARBA when Tim called it and I did not buy (dipsh*t), and the chart said to hold which I did on EXDS (and we see what happened to that today). But I operate under my own rules so that I can't scream at anyone but myself!
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