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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (16186)10/1/1998 3:36:00 PM
From: Electric  Read Replies (1) of 42787
 
dennis,

I am in the camp that DELL ought to get a pass saying that it cannot go down just beacause it is in the S&P.

I dont see a reason for it to go down, but we are making money while it does and will be there to scoop it up.

What would be perfect is to have it swoon here for a bit, wade through the earnings that are comming up, then pop up after we have found good resistence and the market calms down.

Problem is that I cannot see alot of reasons for the market to rebound yet. In fact I think even if I reach my sell limit on the option I have, I might cancel it and wait.

Watch the end be a tiny bit positive, then Friday the market gets slammed.

Any other good short opps out there? I can think of alot of call candidates I want.. :}

edit> Man, a buy program hits and DELL picks up a quick point, that is amazing. Maybe I wont wait to sell it.
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