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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

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To: Copperfield who wrote (150)	3/18/2002 12:17:15 PM
From: M31	Read Replies (1) of 211

CAUTION. ABSOLUTELY NOT WORTH PARTICIPATING!!! Looks great until you check out the NET gains for wins. See example below. You could do MUCH better buying/selling the underlying or options. Your bet is : Win USD500 if Intel stock never touches 37.2 at any time before the close of trading on 1-APR-02. This is a No-Touch bet. You win the payout if the market never touches (nor trades through) the given barrier price (37.2) before the expiry date of the bet (1-APR-02). Cost of this bet : USD485.5 This means that : If you lose, you will lose USD485.5 If you win, you will receive USD500 (however, since you paid USD485.5 to acquire the bet, your net win is USD14.5)

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