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Strategies & Market Trends : The Millennium Crash
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To: valueminded who wrote (114)8/11/1997 9:25:00 AM
From: Arik T.G.   of 5676
 
Chris,
I see you've already got an answer about IRA money.
Bear in mind that money cannot be made every day from the market and cash may be a good option on your plateau scenario, with which I disagree.
KO 70s can give you another buying op if stock bounces back to 66 . I warmly suggest sep 70s in that case, and sep 65s for more speculative edge. Stop order if stock rises over 68 and or SPX over 950 again.
I agree with J.T. on GE, but IMO if you get KO puts again they'll give you more on the dollar.

Arik.
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