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85 looks like a reasonable first support. If this trade were done using
AIQ, the way to play it in my book would have been to short rallies or buy
puts after that ER 1 up and ER 98 down on 9/23. Dumping the puts in a
panic selloff like today would be nirvana.
BobR
At 09:57 AM 10/15/97 -0400, Patrick Slevin wrote:
>85 now looks like major support.
>
>Is that what AIQ indicates as well?
>
>--PJS
>>
>> Looks like AIQ was correct in its last sell signal on INTC. 92 was support
>> that failed prior to the earnings and is following through today. I will
>> take technical analysis for consistency and reliability over intuition and
>> CNBC anyday.
>>
>> BobR
>>
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