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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (21226)5/26/1999 10:41:00 AM
From: Daflye  Read Replies (1) of 42787
 
I see more buys of 3000-5000 shr buys of IBM than sells, I bet people sell into this split.
Of the three options I was considering on 5/13 AOORD by far is the winner, too bad I didn't pick it looks like AOL is breaking major support, could go to 80-90 easily, but I ain't gonna buy putz here with the high volatility.
AMQRL at one point was a double, and I might get that one going with some of this IBM cash, if I can get it for 2 - 2 1/2. Downside price target on AMGN remains 45ish (+/-3 points).
And the one I went with IBMRD was the weakest short (fundamentally the strongest stock, go figure heh heh heh). IBM is bucking the trend today, probably short covering and minor institutional nibbling. So I'm glad to have closed out part of the position.

Cheers,
D
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