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Strategies & Market Trends : Tech Stock Options

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To: Nancy who wrote (5440)	2/6/1997 3:17:00 PM
From: Kevin	of 58727

Nancy, I don't think the dust has even begun to settle yet with INTC. What I mean is, $150 may try to act like a support, but is not a support at all. After that, we're looking for a definite base at $140. Unless there's a full scale panic, I doubt INTC will go below that. OXHP appears to have a base at $50 using MF, DMI, W%R, and 20-day BB but I have never back tested some of these tools to see how well they work on this stock. See ya.

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