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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Grashopper who wrote (1115)10/31/2000 11:44:53 AM
From: tuck  Read Replies (1) of 1321
 
Grashopper,

Indeed, there seems to be little resistance before 60. Pity the poor souls who bought those puts sold by Ian and I. I was thinking of trick-or-treating in a bear costume, carrying a small, bloody bull under my arm. Maybe I should do the opposite now.

siliconinvestor.com

Stochs are crossing over in bullish fashion with this move, RSI already starting up off a bottom, and MACD can't get any worse. The mindless institutional tax loss selling has stopped, absent a climax sell off of the major markets. Even with this strong reversal to 52, there is still time to make a little money here, IMO. Should it give back a little on opening tomorrow, I might sell some more puts. Y'all will be the first to be informed if so.

Cheers, Tuck
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