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To: JRI who wrote (222)4/19/2001 9:33:36 AM
From: AllansAlias  Respond to of 209892
 
I think the low-volume adds to the odds of the play, but in general, it's still trying to guess a top. It'll trace out something that looks weak and corrective that should give us a good hint of when it wants to head down. This is the sort of approach that suits option traders less because it forgoes trying to pick the top.