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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: chowder who wrote (5227)8/24/2005 2:34:35 PM
From: profile_14  Read Replies (2) of 13449
 
Thanks. I bought some before lunch at 17.74 and also just bought RIO and SID. RIO at 32.35 and SID at 18.35. I bought a bunch of stock and 150 options of each, September 30s and 15s in the money calls.

My thought with CSCO is that the stock is holding here despite the Nasdaq rising. If the Nasdaq rallies, it will have to go up. I also partially bought it as a semi-hedge against my RYVNX, where I can trade around a semi-boxed position.

Best regards,
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