Technical analysis for shorts & longs 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 : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (24758)	1/7/2000 3:36:00 PM
From: j g cordes	Read Replies (1) of 68425

No puts right now.. but its only 3:30PM. I bought 20K of a penny stock PCBM, its story is just too interesting for me to pass up and the price is at rock bottom... I sold the ECNC for a triple. I'm finding that my experience in options trading works well for penny stocks. There's still good cash flow into funds.. but I expect that to wane through next week with a down 3rd week of Jan into expirations, then we should see how strong some stocks are. Hard to tell now on what side most advantage is for derivatives, long or short.. asume we're getting to where undercutting stocks is more profitable than committing more funds... but I've been wrong before. Two thoughts.. isn't there an axiom about buying the lowest performance dow stocks in January, that they do best. PG reminds me of that. When that analayst said QCOM at 1000, I knew we were seeing a setup. Odd to see the Dow up 234 and IBM down 3 !!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next