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Strategies & Market Trends : Implied Volatility

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To: Merlo who wrote (32)	8/13/1997 2:48:00 AM
From: Merlo	of 44

Hello, I my last post I said if monday or tuesday was a down day I'd be selling into strength..I sold most of my call positions and am out as we speak. I'm in puts on G. & looking to add more put positions. If the UPS strike continues Dell and several other stocks may tank big time. Put I.V. on Dell & several overpriced stocks is increasing. Dell may go down to 68 range if strike continues. Just my opinion... Perhaps, I should go to the Kuhuna Link.. but what do I know. Anyone have any good "put" ideas? let me know.. Sitting with cash waiting on sidelines. Thanks, Merlo

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