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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (28912)	11/19/1997 8:17:00 PM
From: Nancy	Read Replies (2) of 58727

Don, It closed at 114 today so it will go test next level soon. yes, OSX has up so much that profit taking - esp by institutions is inevitable - Fidelity basically owns(ed) 5-10% outstanding shares of almost everything in that index, plus many smaller players in the group, to give you an idea. It is possible this guy falls another 20% - dont know if we have OSX last year ? the group had a violent correction back in Jan 97 also after a huge run. may be we can use it as an example ? I couldn't even get any index chart in public domain. i.e. $SOX etc. btw, I dont find IQ chart (public domain) has $osx ??? and you can get it thru IQ suit ? thanks.

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