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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (1710)	11/10/1998 2:22:00 AM
From: B Tate	Read Replies (2) of 118717

Dale Got stopped out of MRL and the long leg of the SEEK straddle. SEEK then continued on up for an additional $2. Oh, well I'll take a 66% profit (Includes all costs for the straddle) in 3 days and keep the short side - still has value - for the decline. If it comes back toward 30 it will just add to the profits. Couple of things I'm looking at today, SNPS on the short side or a straddle, depends on the first hour of the market. WDC straddle since I can't get the shares might be another depending on the futures just before open. Another is ONSL long, chart looks pretty compelling. rgds bt

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