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Strategies & Market Trends : The OEX... gasp!

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To: Chris Baker who wrote (267)1/2/1997 8:04:00 PM
From: Stuart Briscoe   of 658
 
Lately, he has had uncanny success in his calls of market tops and bottoms. I didn't get in on the puts earlier, because of not being able to watch the market with the holidays, but I was in the office today and bought 20 contracts of the OEXAC at 10.50 when I used his support call of 710 for the OEX. I bought at the end of day before it turned around in the last 25 minutes. He had recommended the AF's to be bought at 5.125 and to hold for an initial target of 11.625. If the market rally's for the next 4 sessions, as he predicts, then my initial target for the AC's should be 26.

Next week should be positive for the market, if historical activity counts for anything. Even the bears believe that the first full trading week should be positive, but watch out after that.
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