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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (2030)5/29/1996 10:10:00 AM
From: Kevin   of 58727
 
Tom. One more RSI candidate that I've been watching since yesterday:
SFE. Wednesday & Thursday, it had an RSI of 94. It finally broke
above the 95 RSI late Friday @ $93. So from the pattern we've discussed,
that would be the time for puts. Current trading level.....$82 3/4
June 90 puts could have made over 170%.

I'd like to find some more to confirm the theory, or prove it wrong.
I'll keep posting what I see.
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