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Politics : Idea Of The Day

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To: Chuck Molinary who wrote (18882)	7/11/1998 10:50:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

I have GE for quite some time but this was for leveraged trade like my IBM and INTC call. I will like to cover my at 160 level but if I am short the stock and making enough points my strategy would be to cover at anywhere above 1950 level on composite or if 184 is taken out otherwise if composite is drifting lower I will keep this going--- shorting a stock like Yahoo is not something that you can sit on-- they have the capacity to run it up very quick to squeeze the shorts in buying puts far out in money and time you have much more flexibility. This is an interesting article below- cbs.marketwatch.com I think you need to see the two internet plays mentioned.

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