Tech Stock Options Message Board

STOCKTALK

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.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kevin who wrote (2271)	6/6/1996 11:22:00 AM
From: Pascal A. Mons	of 58727

Kevin, On USRX Yesterday at the opening bell USRX offered resistence to a buy movement... It seems you didn't notice it. It goes from $94 to above $96 as expected. The previous day was closed on a somewhat strong roll from the lower > $90s to $94 at the close : meaning the previous day the attack on the $95 resistence was not successful (but did occur). It takes often 2 days to get thru a level assuming the same forces are in at the same level. (See the movement on the other direction on ASND $65 tested yesterday somewhat strongly, today it fells following the market strong dive -10 points on the NASDAQ composite). Does it clear the point on USRX ? On a second reading I saw some irony in your question about USRX levels... Today well timed buy/sell of puts on ASND, FORE and IOMG may have netted 50% to 100% in 1 and a half hour.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next