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Strategies & Market Trends : Tech Stock Options

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To: SE who wrote (47592)	7/10/1998 11:24:00 AM
From: Stoctrash	Read Replies (1) of 58727

SPX parbolic for today is at 1158.80...so it will get short today unless we reverse up 10 spoo points or so and drag the SPX with it. Looks like I guessed right so far.... but the day is young. My short term thing is about to go into a negative reading if today is weak also. This tells me the trend MIGHT be kaput, done, fino. 1130 is my support on a daily IF we continue to break. Is a 20point move in the Spoo's a good trade? LOL Call it 1/2 TT's speed<GG> 5K per contract is that good <gg>

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