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Strategies & Market Trends : The picks

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To: Andrew Vance who wrote (4997)2/13/1997 11:41:00 PM
From: Trader X   of 6124
 
Don't count on an IOM jump next week.....

In Dec exp. week, IOM lost 1/2 from 18-3/4 to 18-1/4.

In Jan. exp week the stock dropped from 17 to 16-1/4... -3/4

I expect similar results next week. IOM touched it's 10 day MA today and the rally fizzled...not exactly stellar results.

I'm stickin with my 14-7/8 low.
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