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Strategies & Market Trends : Tech Stock Options
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To: Nemer who wrote (28680)11/18/1997 8:52:00 AM
From: Kevin  Read Replies (1) of 58727
 
Morning everyone. Took a sick day yesterday...only my second of the year. Started getting sick late last week, so I probably shouldn't have gone dirt bike riding on Sunday when it was only 35 degrees.
Oh well...it was a great time anyway. Bike is running great and I'm getting back in the groove.

I had to read through TT's drama on the Ideas Thread this morning....glad to see things have been 'worked out', but doubt it will last. If Tom disagrees with Ike again, it will start all over. I find it very interesting that the VERY person who BLEW UP at my challenge of the authenticity of his trades is the same person who 'offered' $100K to see Tom's trade on Nov 12. And to top it off, HE BACKED DOWN when Tom was ready to prove the trade. Very interesting. I wonder how many people are starting to see things more clearly over on that thread.

Enough of that.

Let's get down to business.

The indices stayed in the bull trend all day yesterday, which was carried over from Friday's signal. We are still in the bull trend this morning. I am currently up 125% on my OEX 900 calls and am pleased to say the least.

Here are my numbers for today:
SPX---
984.02
962.71
954.46
piv:941.40.
933.15
920.09
898.78

We will not swicth to a bearish trend until we break below 931.50

SPZ7---
973.27
960.97
955.43
piv:948.67
943.13
936.37
924.07

Bearish trend will not be triggered until we break below 935

Haven't looked at the equities yet for potential trades, but will in a short while.

Talk to you later.

Kevin
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