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To: Electric who wrote (34273)	1/27/1998 2:46:00 PM
From: broken_cookie	Read Replies (2) \| Respond to of 58727

Electric, I checked out my TXN trade. It was long the Nov 110 calls on 11/12. Stock had performed an intraday bounce off its 200 day ema and 20 day BB. It then tanked about 9 points in the 90 minutes after I bought the calls. Flirting with these technicals is what made the trade seem deja vuish. It was however the second test of the 200 day ema, not the first. I was down 75% on the trade at the close the day it was initiated. Eventually I let the calls expire worthless. I vowed not to do that in '98. Bought to open 10 IBMBT's at 1 1/2. So we'll see if I can keep my resolutions. Take care.