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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (884)	3/11/2011 3:38:59 PM
From: lml	Respond to of 912

Glad my comments have made you $$$, or saved you losses. Actually, I wrote some April 24 puts on the stock yesterday, that would establish a position around 22.75 if they expire in the $$$ in about 5 weeks. Today's market resilience is telling in the short term. I think the stock will bounce, but not reach most recent highs above 30 before eventually resuming downtrend end of Q2 approaches. Think fears attendant to end of "QE2" will penetrate market sentiment as offset against significant corporate earnings growth. Question is how much of a bounce in the near term. Stock just hit 6 as I complete this post. Boo-yah!