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vita

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vita

Re: Carlito post# 50972

Sunday, 11/13/2011 9:33:23 AM

Sunday, November 13, 2011 9:33:23 AM

Post# of 364279
STX is going very much together with SPY. Could even go higher tomorrow if SPY does. However as soon as SPY gaps down STX should too and options are supper cheap this week.

18.6 seems pretty much a top so far and chart is ready to break to the downside here, if not then STX would be in a very bullish mode, close to impossible. Continuation to the upside I only see in teh 5 y chart, bec they really were trading much higher in 2007, but even so a gap down inbetween is possible.
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