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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (30733)12/9/1997 2:23:00 PM
From: Kevin  Read Replies (1) of 58727
 
>>>that at 978.26 you hit the neutral zone and 1/2 point back down and that is sufficient to give a sell signal again So the buffer of .50 is going to generate the sell signal? <<<

Yes. Like I said earlier, I feel comfortable trading on a break of the neutral zone and that's it. This isn't to say that someone can't profit by trading these numbers in a different fashion. I said to you before, a break of supp #1 on the way down could be sufficient for a signal to enter puts if you're not in a position. But IMO, I feel it's a dangerous play.
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