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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (3043)	9/17/1998 10:49:00 AM
From: waverider	Read Replies (3) \| Respond to of 14427

I'll holler one Mike...UN. It just broke support at $63. I'd buy more puts now, but I'm over my limit with this position. You know your comment about the close yesterday and today's open. I always hear that in regards to TA, it is the close that matters. Why? Is there some technical/historical reason for this? I say baloney. With the advent of crisis management and recent volatility, pick a time...any time to make your measurements. I think the price actions right after AG's lack of interest rate comment are much more relevant to the market than the close action. RIG seems to be holding up. I kept the October calls. Methinks the oil service sector is seen as a value play now.