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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (32938)	1/13/1998 10:40:00 AM
From: Kevin	Read Replies (3) of 58727

>>>So I say lets have it run up to the 80's here, fine by me, and then it may be time to put it, and ride it down <<< Hi Electric, how are ya? I'd have to agree, but I want to see how INTC acts at $80 first. If it breaks $80 but can not hold above it on a closing basis, I'll be right there with you. If it closes above its 200 DMA which is approx $81 1/4 currently, I'll stay sidelined. A close above the 200 DMA, might be enough where the stock will form a new base in the lower 80s. Just a thought... Take care.

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