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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (42699)	5/8/1998 11:55:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

I don't know if you are in, but this seems to be the support point at 1113. The intraday averages are coming back in. I know the rally has left it a bit extended but that does not mean there is no shot at exceeding the intraday high, which I think was 1115.80.... Anyway, it would be a low percentage trade.....slightly favoring the long side I believe. from here, your 3 points are in, if I am correct about it exceeding the intraday high.

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