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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (6578)3/31/1997 1:37:00 PM
From: broken_cookie   of 58727
 
Kevin,

Now, that the end of the quarter is upon us and hi-growth funds have had a poor quarter, -- what effect do you think 401K fund rotation may have on the bellweathers?

Alot of folks I work with will rip their $$ out a 401K mutual fund and plunk it into the fund that showed the best increase for the previous quarter. (Mind you, I don't think much of this strategy. Seems like buy high, sell low to me.)

>>>Yes, I'm still holding my puts. My indication is for a ride down to $130 or so in the short term. I hope it happens soon...I'lle exit my puts and get into a long position for their earnings (either buy calls, or sell puts). <<<

Seems like INTC is reversing today's losses, but it's increases are coming during lower volume. Would this be a "head's up" for negative MF?

The previous was just MHO and some conjecture and hopefully not CPTC
:) .

Take care,

Richard
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