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Politics : Idea Of The Day
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To: James Strauss who wrote (26247)5/14/1999 3:47:00 PM
From: Judy  Read Replies (1) of 50167
 
It would be good to see the market backpedal ... a 5 percent retrace is perfectly in order. Techs typically experience summer doldrums, but I'd expect another surge up before we enter the doldrums. Market context may be more conducive to selling puts rather than buying calls even for stocks with strong earnings growth.
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