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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (10686)2/28/2002 4:29:10 PM
From: techanalyst1  Read Replies (1) of 57684
 
22 seems like a decent place to get some buyers, but it's a falling knife. Who wants to sit in front of a freight train, hoping to catch the bottom? That allows shorts to profit intraday.

Seems too easy to just short anything on a rally, but it's the only thing that's been working in the techs. Not much premium in the options either.... puts or calls. May as well just buy puts. Not really worth selling calls at this point.

TA
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