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Strategies & Market Trends : Continuing the IFMX discussion and more...

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To: RICK SCHINZEL who wrote (124)9/3/1997 6:26:00 PM
From: Melissa McAuliffe   of 206
 
Rick,
You should go to the IFMX thread and read some of the prior messages. That thread is currently being filled with alot of technical discussion about products/technology, etc. so you may have to go back a ways. There was a week or so a while ago when it was also being filled with discussions on options which you may also want to skip. But in between all this other stuff is alot of good info. But while you are waiting for the stock to move up, you might want to write covered calls. Also, I don't think 12 is really a resistance level since it was the result of news. I believe this is known as a spike (Bob, ??)
I think that each one of us makes our own decisions in our own ways and only we can decide if we are fools for diving into something. I always think I was a fool when the price drops and a genius when the price goes up.. Anyway, good luck!!
Melissa
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