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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (4719)	6/20/2002 6:01:54 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 17639

I covered my AMGN ss.... and I am counting (sure thing -g) on longs to save a hedge I had and left as long today (EMLX) this will be do or die tomorrow as they are options related. I do not need much of a bounce and I am out... Tomorrow we will be ready .

To: SusieQ1065 who wrote (4719)	6/20/2002 6:04:01 PM
From: Augustus Gloop	Read Replies (2) \| Respond to of 17639

From a short term perspective it could bounce. But as we progress through the summer and into fall I'd bet this Bearish PO is very close Bearish Price Obj: 260.00 Bearish Reward to Risk 1.03 760 * \| 760 740 * \| 740 720 * \| 720 700 -O ----* --------------X --* --------------------+-------------------------700 - 680 O * X 5 X O X * \| 680 660 O X * X O X O X O X O * * \| * Top660 640 O X O X * X O X O X O 6 O X * 8 * \| X * 640 620 O X O X O X O O X O X O X O * X O * \| X O * 620 600 -O X O X O ----X ----O --O X O X O X * X O X * * +-X --X O --* ------------600 - 580 O X O X O X O * O X 7 X O X O X O X * 1 O 3 O 580 560 O X O X O X * O O X O X O X O C O X O X 4 560 540 O X O O X * O O O 9 X O X O X O X 540 520 3 4 X X * O X O O X O X O 520 500 ---------O X O X --* ------------------------O B +---O --5 X O -------- Med500 - 480 O X O X * O X \| O X O 480 460 O O * O X \| O * 6 460 440 * O X \| * * O 440 420 O A \| * O 420 400 ---------------------------------------------O X +-* --------o-------------400 - 380 O X * 380 360 O * \| Bot360 340 * \| 340 320 \| 320 300 -------------------------------------------------+-------------------------300 - 280 \| 280 1 \| 2 -----