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

To: Jerry Miller who wrote (990)	10/20/1999 6:29:00 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

As a long time share holder of Q and a trader of its options I would stay away from the 150's.If it was a buy you were refering to. I think the best case scenario for Q post earnings is 230-240. That is assuming alot of things go right. I think selling the 150's is a better bet in this market. The stock should get hit in the AM tomorow due to 20/20 bullshit report on Cell phones so If you make your move do it then. I personaly bought the 190's at 15 a few days ago. In the worst case Q will be arround 200 IMHO so there is litlle downside. The best thing with Q is to buy and hold, the Earnings numbers look great!