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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (34498)	1/31/1998 10:51:00 AM
From: Greg R	Read Replies (2) of 58727

Lisa - Pick away. I "see" the chart, but putting it into words can be a challenge. The DOW is expected to follow a trend line down that falls about 20 DOW points a day. The DOW itself of course is up, down and all over the place, but when I compare it to the previous day, the trend is down around 20 points on average. The 30th was the first day it was to be down around 20 points. The intra day high on the 29th was 8015, yesterday 7985 or 30 points lower. The intra day low on the 29th was 7883, yesterday 7893 or 10 points higher. On average, around 20 points lower overall.

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