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I assume by how this is written it wasn't meant to go to me, but to the
list. I therefore pass it on.
JER3CUBE@xxxxxxx wrote:
>
> In a message dated 97-07-19 18:18:55 EDT, you write:
>
> <<
> My first expectation is for prices to find support around the 900-904
> area. If extremely violated, this level is 893.
>
> I did some weekly work and cycle work as well, and was unable to verify
> this Fdate using them. Both the weekly and cycle work gives indication
> of a turn 7 to 10 days later. >>
> ---------------------
>
> FEELING FOR THE MARKET>>>>>Given the 'EXTREME' OVER
> VALUATION...historically....supports might be best used to cover
> shorts rather than to establish long positions.
>
> This is no time to experiment. The recent action of BEANS sliding
> though support gives you an idea what an extention looks like.
> However, a "failing ralley" into an FDATE might prove very profitable.
>
> Does anyone have an Option evaluator? I have the feeling that even if
> the above stradegy were to prove correct that the "premium" on PUTS
> would be too High. I anyone up on it?????
>
> "the S&P thread" contiues......
>
> GerryB/jer33:3
> learner/teacher
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