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Technology Stocks : Softkey (SKEY)?

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To: Raymond J. Steck who wrote (99)3/11/1996 1:21:00 AM
From: john r. arnold ph.d.   of 247
 
I note in Investors Business Daily that the put-call ratio has spiked again. My NASDAQ Comp chart is showing a double oversold situation suggesting that a key reversal was made on Friday or will be made on Monday or Tuesday. The put-call spike being a contrary indicator has invariably preceded a rally.
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