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Strategies & Market Trends : The New Economy and its Winners

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To: fedhead who wrote (9626)	11/13/2001 5:38:31 PM
From: techanalyst1	Read Replies (1) of 57684

That depends. What are earnings going to be? If they are being underestimated then you'd have to give them some slack, no? That's why I said trading range vs. some upside. But to test the lows? I think that overestimates how bad earnings will be. Watch what happens to beas. If it keeps sticking in the 12-16+ range, likely lots of stocks will do that. Then the trick is to determine where that range is and buy some on the dip, and sell calls on the upper range or sell the stock. I can live with a range. I can live with a nice upward move. TA

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