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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?

To: cthruu who wrote (6480)4/15/2005 10:00:14 AM
From: konasurfs1968  Read Replies (1) | Respond to of 7682
 
Bought the June Q's back. I think 35 is bottom for Q's before nice bounce up to near highs (then roll over again).



To: cthruu who wrote (6480)4/15/2005 11:43:37 AM
From: tom pope  Respond to of 7682
 
I'm short GM from 29.50 and won't cover unless it shows real sign of turning.

The upcoming conference call next Tuesday will be important in answering the question whether they're still burning cash. If there's a sign of a turnaround there, I'll cover immediately.

Of course there's always the unpleasant possibility of holding into the dividend <g>

Prudential upgraded yesterday, and was optimistic about maintenance of the dividend.


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