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To: edamo who wrote (97746)2/12/1999 1:05:00 PM
From: BGR  Read Replies (1) | Respond to of 176387
 
<OT>

edamo,

Again, I do not buy the TA terms market over bought/sold. The market is always at equilibrium as the last price is the one freely determined by buyers and sellers. Nor do I buy this concept of support levels which at best are self-fulfilling prophecies (and often even not that) as countless academic studies have displayed.

But I think that you are going to make good money from your put sales. Why? Well, check out Gabriel Dubois' post.

Best!

-BGR.


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