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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (2751)6/20/1996 2:20:00 PM
From: Pascal A. Mons   of 58727
 
Hi Judy,

Just a quick stay here.

I think there is a lot of opportunities for Day Options Trade at the moment. However, I am still waiting for stocks transfer, and my option agreement is not yet cleared... I have to phone them (boring).

Weak rebound yesterday would spell traders initiated dive today. I just checked that's what happened and it seems now in the recovering phase to mid-course... Watch-out for the last hour computer trades... and keep an eye on the 30 years US Treasury...

Otherwise the background is somewhat dark to me (see my answer to Michael). I wouldn't consider risk lasting more than one day...

HWP is morroring the Nasdaq Comp. so... AMTX is down, so is WSTL... hopefully BOBJY is holding, JMED as well and SUNW is not so bad (upgrade yesterday from a brokerage).

Merrill Lynch did cut earnings estimate for HWP yesterday.
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