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ajtj99

03/01/05 9:12 PM

#364437 RE: plexxus #364436

plexxus, on the Semi's there's a lot of calls at the 35 strike on the SMH this month.

If we move up above the neckline around 35 on the SMH, we may back-test it before expiration this month due to all of those calls at 35. The alternative is we could just delta-hedge up, which I give even odds to.