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

To: Mike Vincent who wrote (437)	4/2/1998 10:42:00 PM
From: Wayners	Read Replies (3) \| Respond to of 927

I'm dedicated only because I really enjoy doing this stuff. On MOT I had a buy to cover signal on 3/11 followed by a sell short signal on 3/17 and a buy to cover or buy signal (neutral trend) on 3/24. Today, 2 Apr gave a sell signal on the uptrend if you went long on 3/24 or before. Volitility is moderately high now and appears to be peaking, so I'd be stongly thinking about taking profits even with the moderate to strong uptrend. The high volatility suggests a countertrend drop at least to the 12 day moving average. The current price is also nominally at an important resistance level ($60 to $61). I really like options. What's the largest streak of options that you've played that you've made money on in a row? I'm thinking of just rolling option profits over going for a winning streak of 5 to 7 flips just to see where that can get me. The goal on each flip is to get a double, but might have to settle for some 30% to 50% ones and of course risk losing all gains with everyone. But I figure I'm playing with the house's money so no biggie.