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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: Judy Muldawer who wrote (20)	12/19/1996 11:00:00 PM
From: Herman J. Matos	of 584

Hi Judy, TECD is prime for a trader's bounce tomorrow of at least $2 - $3 over the next two days. The perfect trader's paradox will whipsaw a few folks tomorrow if they shorted the stock. I will pickup a few more hundred shares tomorrow in the am. to average down my other three hundred TECD shares. No doubt the floor traders will break downward TECD when the market opens to trip all of the set stops-loss before fading slowly back to the up side to short squeeze the other folks who shorted the stock. They will rake it in big time! Who do you think is selling all those shares? It's a setup! It was a great three weeks. And, selling in the money covered calls was real sweet at the $36 price. Tomorrow is paid day when those options expire worthless. I'll roll that money over to pick up more shares and wait for the next hit! I'm considering getting called out this time intentionally so I can cash out with some nice overall gains after the new year of course! TECD should test the recent high of $36. Most likely, it will fail the first time! And, of course, lots of folks will be making profits along the way......

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