MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (26188)	9/17/1999 3:37:00 PM
From: LTK007	Read Replies (1) of 99985

Late day put/call action on IBM is heavy,I was going to buy IBM puts for OCT but when I saw a premium building too fast on the puts I backed off(call prices were going down fast) --bad part I had been thinking I had plenty of time to buy puts on IBM. But in terms of Market direction,if the ML warning that IBM may disappoint on it's hardware sales when they report 10/20 ,if this rumor continues to build,do you all think this will have an overall effect on the market? Max90

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