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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Don Pueblo who wrote (28584)4/14/2000 6:45:00 PM
From: Scrumpy  Read Replies (1) of 63513
 
Monday will be a walk on very thin ice.

Taxes ...
Greenspan speaks...
People will mull over their losses...
Margin calls will force selling or immediate account infusions...
Options expiration on Friday ...

thestreet.com

CMGI has recently doubled put option dollars... YAHOO added 20 million in put dollars the day before yesterday. If a rally ensues it should be anytime between Monday midday (less likely) and Thursday evening ...a rally could be explosive if shorts panic or opt to cover before expiration - which at this point is possible (and smart) because of massive, recent shorting gains.

One of the tools in my arsenal ... an excellent downloadable program - great for plucking out good picks

bigeasyinvestor.com
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