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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (12472)1/9/1999 12:33:00 AM
From: HiSpeed  Respond to of 34809
 
I was thinking the same thing on CMGI - highest strike was 200 today. What really hurts is that I bought JAN160s at the open yesterday @ 3 1/4. Sad to say I sold about 15 minutes later for 2 bagger. Today they're worth about 40.



To: The Perfect Hedge who wrote (12472)1/9/1999 12:59:00 AM
From: Michael Rich  Respond to of 34809
 
B-

You Burkians cannot surrender to the bulls now! How can you
consider going long DOT while putting SOX?

Buy some AMAT...



To: The Perfect Hedge who wrote (12472)1/10/1999 1:47:00 PM
From: Judy  Respond to of 34809
 
Glenn,

CMIG could probably have a intraday swing of 20-40 points on Monday, so it depends if you can catch it at the right point. Most anyone trading CMGI for the split took their positions weeks/days ago and have taken their cost basis and some profits off the table already.


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