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To: Shack who wrote (100372)6/30/2004 11:06:05 PM
From: NOW  Respond to of 209892
 
nice cart shack. Ge doing that couldnt be bullish.



To: Shack who wrote (100372)7/1/2004 1:02:06 AM
From: nspolar  Read Replies (1) | Respond to of 209892
 
That B could be an A of B too, no? That would be my preferred.



To: Shack who wrote (100372)7/1/2004 7:41:39 AM
From: SteveFTW  Read Replies (1) | Respond to of 209892
 
Shack - What would be your timeframe for that move on GE, if you're correct?

The July 30 puts can probably be had for a nickel today, and would be worth 50-cents plus on a move to 29.50 BEFORE July 16th.

That would be a good trade (duh). FWIW, the weekly chart is also showing some weakness, with sell signals being generated on a reversal to about 32.80 - ish. ( I think that line on yours is about 32.70 or so?


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