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Strategies & Market Trends : Options
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To: Jill who wrote (3011)2/16/2000 9:32:00 AM
From: edamo  Read Replies (2) of 8096
 
jill....overbought/oversold

rmbs may provide opportunity, in spite of not being oversold....why? it has broken out, large gain, increases all volatility factors....similar to qcom from august to december, never really reaching an oversold condition, but the fast movement allowed a put seller to follow the common up with no cash outlay.

special situations always present themselves, take advantage, understand, bend the basic rule, but don't try to do with a less then momentum issue.
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