SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Whitman who wrote (14789)8/30/2000 11:21:53 AM
From: LLCF  Read Replies (1) of 436258
 
<Last Q split nailed the top dead on->

Interesting point... also because the way things 'change' over time. Using enough history I wouldn't think one would find splits and interesting time to sell... BUT in this mania the spikes caused by public enthusiasm for splits has created lots of tops. When I was on the CBOE any split was like a big party for the MM's... we took the vol to the moon, bought 20k and waited, 20 seconds later buy orders for calls came flooding like nuts! An hour later, stock $2 higher and everyone was short several hundred rediculously fat calls and long stock, nicely hedged. Just wait 2 weeks and pocket obscene amounts of money... public fleeced. No wonder options volume has dried up... surprise!

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext