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To: Jon Khymn who wrote (655)8/6/2003 3:45:10 PM
From: Chris McConnel  Read Replies (1) | Respond to of 795
 
The puts bought at QQQ 26 expire in Sept. The puts bought at 30 expire in decemeber, and essentially replace the Sept contracts.

Also, why is 1650 technically important? If you look at the chart, we bounced off 1600 in June. Wouldn't that be a more important level?