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Re: jenna post# 22795

Wednesday, 05/05/2004 12:47:09 PM

Wednesday, May 05, 2004 12:47:09 PM

Post# of 25232
TASR waiting for the break of the rising 50 ma @ 32.50 on 5 minute per our "intraday chart" . The typical short for TASR as before is the 5 minute low. Trailing stop is now $0.78 above the last lock in assuring further gains. If TASR losses the 50 ma I looke to head for 32. Every day short TASR good for about $1.75 not including some intraday option trades of May 35 puts (loving this company!) We do occasionally buy the reversal off a gap 'n crap but looking for no more than a REVERSAL period day play for this 'has been'. Spike highs can be short especially at reversal periods (11:00 to 11:30 into doldrums) or of course the 5 minute low, on the occasion of a gap down you will just know traders will be buying for a trade and looking for a gap fill as well but NEVER HOLDING past resistance intraday. No longer holding any TASR calls, got rid of the lot early in May







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