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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (39822)	4/15/1998 3:48:00 PM
From: Kevin	Read Replies (1) of 58727

Hey bud what's up? >>>With the Kurlack murmurs and IBM's rise.. Is it time to put big blue?? right now it is trading at almost 110. <<< IMO, it's not the 'best' time yet. This rise was long overdue to fill an upside divergence from long ago. This closes the divergence and does not give me a further price target from where it is. However, because of the strong MF, I wouldn't want to short it (buy puts). It's a high risk / low percentage play. Don't forget that earnings are soon as well...

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