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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (30800)12/10/1997 12:12:00 PM
From: Nemer  Read Replies (1) of 58727
 
Patrick:

----->Pure coincidence? I happened to pick a point to write OEX puts and it co-incided approx. with your 463 support. This time I just went with a market order, I'm not going to pull my hair out again today.

Roughly at the same time I have seen a short term ( 1 hour) pivot for OEX 460-460.5 and SPX 966.5.
same deal as yesterday---
the points hold------up is direction
the points break---down is direction

Regards---Nemer
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