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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Joseph B. Schmidt who wrote (5482)7/21/2004 9:47:31 PM
From: Ken W  Read Replies (1) | Respond to of 23958
 
Joseph

You are correct, sorry, was just going off Sergio's post since I don't trade options.

Regardless, I still feel that a short term bottom is being put in here. Basically, the indexes have been in an 8% trading range for weeks, if not months. Something has to give one way or the other, but the oversold/ovverbought indicators look to be favoring a bounce up, rather than down.

Ken



To: Joseph B. Schmidt who wrote (5482)7/22/2004 7:29:35 AM
From: Sergio H  Respond to of 23958
 
ROFL! Thanks Joe. Looks like I made another mistake. This one on CRIS' chart. The gap was filled on June 25th if the yahoo historical price stats are correct.

Anyway, you're right on options expiring on the third Friday of each month. Thanks again Joe. :-)
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Portfolio member ACO will be added to the S&P 600 index after July 30th, replacing Duane Reade.