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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (175)6/21/1999 2:10:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
PIXR is in a tight coil here at 47 3/4 to 47 13/16 on a 5 minute chart set up from Friday and could pop either way. I went in and bought more July 55 calls at 1 1/16 off the bid. It is now 15/16 to 1 3/16. Now have contracts at 5/8, 11/16, and 1 1/16 in the July 55's and 7/8 in the July 50's. The stock has been in a 40 - 50 range most of the past 6 months and I believe once we blow thru 50 and get 2 closes above 52 she will be off to the races.

They just tightened it up to 7/8 to 1 on the 55's.

Best, J.T.



To: J.T. who wrote (175)7/1/1999 3:08:00 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
PIXR 44 3/4 is settling down in here and can be bought for aggressive buy and hold accounts. There is good short interest in this stock and it is highly volatile, as witnessed in last few weeks. But if your time horizon can hold 6 to 12 months out you will be handsomely rewarded imho.

Message 10200401

Best, J.T.


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