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Hey I am not sure if everyone read the article on the internet stocks
that I sent out a couple of days ago by Mark Boucher, but if you
haven't we are very, very close to the breakdown levels.
IIX is at 264 with a low of 260.59 the support level is at 250. AOL
tanked yesterday closing below the support level of 89. In addition
CNET and Etrade broke their respective levels
I have been following Boucher's research and it is really quite good. I
am looking to capitalize on this downside move using the index options
on the internet sector.
JS.
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