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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: Dan Duchardt who wrote (433)3/13/2002 11:17:40 PM
From: Dominick  Read Replies (1) of 1064
 
Since you mentioned CSCO, I see it fell through support in Feb on heavy volume and wide price spread, a sign of weakness, and then appears to have had a selling climax with heavy volume at the end of Feb.

It had an automatic rally to 18 with decent volume and pulled back on lighter volume and smaller price spread, a potential sign of strength.

If it goes past yesterday's high of 16.64, I'll be scalping it to 18.

Well, let's see what happens,

Dominick
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