I had started two threads titled JANUARY 1997/BEST OPTION PURCHASE, and DAY TRADING OPTIONS.It was for short term option traders. I was encouraged by the response at both threads.But I did notice there was an overlap in the response to the two threads. In an effort to accomodate those that day trade options, along with those that trade options on the basis of days,or weeks up to 30 days maximum, I thought I would start this tread.
With that being said, I would like to indicate that I am BEARISH for the next 30 days.After MSFT,IOM, and USRX earnings get out of the way next week, I think we will see a selloff in tech stocks almost across the board.Consequently those tech stocks that have gone up the most will fall the most.Good luck to you all in the next 30 days, and beyond. |