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Strategies & Market Trends : Tech Stock Options
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To: Judy who wrote (2707)6/18/1996 5:32:00 PM
From: Michael Hillman   of 58727
 
Yes we are all friends ...which is why I didn't want to mention it
Was surprised to see all the 'tank jobs' ...too much across the board ...we're in for a meltdown ...OR ...the base for the biggest rally of all time . What little I caught of CNBC this afternoon ...I'm
not the only one waiting and wondering .
No... APLX is moving without me ....I have enough trouble following my own lead ...let alone Mag's...
IMPX is a darling stock ...but so is IOMG ..NSCP .....ZE...AMTX ..the list goes on and on and on ..not one could stand up to good old "valuation ' .....except for LTXX ......an old estsblished firm ..been through hard times ..6 consecutive quarters of growth ...beautiful chart .....right up til I bought it ...at 10 ....I wish someone would teach these companies to read charts ..then they wouldn't break down so easily .
No ...I'm concentrating on the market psychology here ...less than individual stocks ..these are just games this week ....pure power games ..it may destroy the sector ...but I doubt it ...the money is still out there ..just creating big time bargains ....but just like big money showed us the IOMG play today ..I'll wait a bit longer for them to show me which way they want to go ..

But just think ....you own a miilion shares of IOMG this morning ..you spent a 100000 on jun30puts at 1/8 .....and then drove the stock down to 27..........lets see ......3...times 100000...not a bad day ....makes you want to come back for more .....and more ...and more
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