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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (14158)	2/18/1999 10:36:00 AM
From: PuddleGlum	Read Replies (1) of 34811

Madame X- BCST was $68 last I checked, but the premiums and the spread for its QBC puts were very high. I presume that with a stop of $75 you would purchase the March or April 75's? And since we're in the middle of a decline you would probably go with the March puts rather than April? Even the March 80's had a premium of around $6, with the spread adding over $1 on top of that. And to think that I was squeamish about the premium on FLEX! Thanks for the prompt tip on a good put opp. You're a gem. pg

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