Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Lichterman III who wrote (37083)	12/3/2000 9:39:19 AM
From: Gersh Avery	Read Replies (2) of 42787

I've been running with INTC puts .. an old favorite of mine .. Couldn't help but notice the divergance between it and the SOX. SOX flat, INTC down. SOX down, INTC down hard. SOX up, INTC slightly down .. If the SOX is leading the NDX lower, then INTC seems to be leading the SOX .. If the SOX fills the target of 400 mentioned by Paul, you and others, INTC will probably lead the way there. Someone mentioned a triangle formation with CSCO a few days ago. It broke to the down side. Then Friday recovered back into the apex area only to fall out of it again. Seems that it should complete the target now. CSCO has the additional exposure to credit extended to the dot bombs. These two would easily take the compx to your 2250 target and impact the INDU also. Something else to consider, is that some companies might not warn because of investment losses. The idea might be that normal operations have been in line, so why bother. That said, it also would not surprise me to see a hard bounce that lasted through options expiration only to resume the move down afterward ..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next