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Non-Tech : IOMG - Clear Winner

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To: Bill Fischofer who wrote (76)	9/26/1996 10:09:00 AM
From: Jeffery E. Forrest	of 129

Bill I'd forgotten the $35 buy you mentioned. Good point. Looks like good old fashioned Fibonacchi retracements to me. Do you remember who made those buys by any chance? Got any thoughts on a good options play. (I'm looking at the resistance at 25 or so & thinking about a straddle at 20-22 1/2 on the put & 27 1/2 on the call) I haven't looked at what they cost yet (my next stop) as the idea just came to me while I was skimming through the thread. Maybe a strangle would work well too? Just thinking (always dangerous ;) Good luck Jeff p.s. I made a killing on IOMG all last year maybe I shouldn't be picking at scabs? Whoops, starting to think again!

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