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Strategies & Market Trends : NetCurrents NTCS

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To: the options strategist who wrote (2439)	10/30/2000 12:26:27 AM
From: Teresa Lo	Read Replies (2) of 8925

CSCO Study Case, Continued... "...if csco does not retest its oct 11 lows and instead moves up breaking the downtrend, would you still not buy it at this time?" If you must, you can buy it on break of last Friday's high, with a protective stop loss order entered just below the low of the day when your buy order is filled. Your target would be the high of Oct 20. The alternate scenario, is to watch it completely reverse, and then buy the first pullback, by the arrow in the chart. ispeculator.com Teresa

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