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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: ViperChick Secret Agent 006.9 who wrote (10839)6/26/1998 1:40:00 PM
From: Electric  Read Replies (1) of 42787
 
Lisa,

I had an order in for a put on GM today, but it gapped down and I missed it.

Problem with trading GM is most feel the problem is temporary and will be easily fixed. Stock only down 10% since the strike.

GM is a fund holding, and once the strike is solved, the stock will return to the levels it was at before.

You ought to look at TBR, like that person was saying, 100 is good support, I am dipping in at that level.
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