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Strategies & Market Trends : Options
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To: Jill who wrote (6519)4/16/2000 1:11:00 PM
From: Seldom_Blue  Read Replies (2) of 8096
 
A sucker rally would be something I'/d love to sell into!

That is why I do not think there will be much of a rally. That is exactly what everyone is thinking. Unless everyone has unloaded all the positions they want to unload, any rally will be pushed down by renewed selling.

On the other hand, I may put in a low bid for some CSCO. CSCO was priced for perfection, and I was not a big fan of it at 80. At 50, I may be enticed.

Seldom Blue
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