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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (40536)	5/29/2002 9:44:24 AM
From: AllansAlias	Read Replies (2) of 209892

Semi's givin' good and I am selling my SMH puts here. Have to as it's a double and I continue to be worried about a strong wiggle bounce that will eat away at them for days. Still have my 75% Rydex S&P Tempest short (longer time frame hold) and my 25% Velocity NDX long (s-t hedge), but, I will now be out of my options from about 2 weeks ago, except for my WCOM September calls. Obviously, I am taking a chance here that I can re-position higher, because if we melt, the Rydex short won't amount to that much.

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