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To: AllansAlias who wrote (48289)7/31/2002 10:44:00 AM
From: Perspective  Read Replies (2) | Respond to of 209892
 
Booked SMH short as 38% retrace, prior wave 4, and horizontal support are reached at SOX 332.

This probably goes deeper, but that's what my position shorts are for. I nabbed my $1.10 on SMH on a very high probability setup, and I'll book those when I get 'em.

So, is this iv of 1, or is it 2, or is it my preferred B?

BC



To: AllansAlias who wrote (48289)7/31/2002 10:51:27 AM
From: marginmike  Respond to of 209892
 
If this market closes anywhere close to even on these brutal econ numbers then the bullish case will have to be respected, that the enviroment is priced in.


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