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

To: Louis V. Lambrecht who wrote (9774)	1/16/2002 2:42:34 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Has NEM overpaid for Normandy being forced to bid up on AU's hand? A gorilla on the back of NEM no doubt short term. Also, short term those 22.50 Jan calls most likely will expire worthless. I think NEM will pullback to 20 area b/w now and Friday where all the 20 strikes on both puts and calls will get little to nothing on the role of the dice. Jan 20 calls now profitable but greed usually gets the best of option players if they don't book profits... strike when the iron is hot first go round. Best Regards, J.T.