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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: John Harton who wrote (8431)	5/25/2000 4:18:00 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 11051

Re straddling etc: I cant. So this is all book knowledge. So I got it half-assed wrong in the first place. You CAN straddle even in clear trends, I just dont see why you need to have the call side in the present situation. To avoid being killed by Martian invasion? Fat chance. (By the book) You should play straddle when going sideways and expecting an (up or down) breakout. If you go long, you buy volatility on top of it, which was pretty expensive in the first place I guess. >>What do you think we got here.. a pause in the down trend or a turning point? << It's a pullback - getting the head up for a brief gulp of air - actually it WAS a pullback, and now "we're going to see the wizzard..." dj