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Strategies & Market Trends : Tech Stock Options

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To: Brad Hill who wrote (27163)	10/28/1997 7:49:00 AM
From: Kevin	Read Replies (1) of 58727

Morning Bart. While celebrating last night, I had the oppurtunity to access a Bloomberg. I looked up the Globex Futures and saw the SPZ down the limit. So I celebrated some more!!! I double-checked the supports and resistances that I posted to Autumn last night (post#27136) and they're correct (just wanted to make sure my final data was correct). With the futures down 15 points, the SPX should open in the neighborhood of 856....5 points below the 200 DMA. I think the 200 DMA is a critical support and if it does not hold we can easily see a 3-4% drop below that level TODAY. It'll be an active day to say the least <<<g>>>. Buckle up for safety.

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