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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (113701)6/1/2000 2:06:00 PM
From: xun  Read Replies (2) of 1573695
 
Kash, RE<Welcome comments on what folks are buying>

I sold some June 85 and July 85 calls when the stock was above $85 in the last two days. I still have some higher strike June and July calls. I think NASDAQ ~3550 is a resistence that needs to be taken this week. I will buy June 85 calls if there is retreat near close today. Otherwise, I will sit and see what we have tomorrow. If tomorrow's data doesn't send NASDAQ through 3600 with volumn, we'll have plenty of opportunities to pick up June 85 or even July calls. We may see NASDAQ 3200 again if the current NASDAQ resistence is not broken convincingly, IHMO.

panic
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