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Strategies & Market Trends : Options
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To: Tom K. who wrote (7698)5/8/2000 11:12:00 AM
From: Jeffry K. Smith  Read Replies (2) of 8096
 
Tom,

Thanks. My current pick is JDSU, and they have an upcoming merger with ETEK which I read should be accretive to earnings.

I've posted before my concern that we ae in a down market and therefore not exactly a PUT sellers dream.
I don't think this market knows where its going, and really won't set a direction until the FOMC meeting. A phrase mentioned a lot is "trading range" which I relate to this market phase. You agree?

Thanks for mentioning the charts. I need to do such checking automatically rather than someone mentions the need to! Hehe

Still learning,
Jeff Smith
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