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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: chip who wrote (9411)7/10/2002 5:33:51 PM
From: Dave Gore  Read Replies (1) of 16631
 
CSCO WATCH ---- 15,000+ Jul 15 call volume vs. only 3,000+ Jul 12.50 puts. Last time I saw that CSCO calls action like that, they went up almost 1,000% the next day, May 8th.
Certainly that won't happen tomorrow, but it's interesting to note.

We have both some good Tech earnings and good BTK earnings after the bell today. Naz futures are up 5 points so we'll see if we get a bounce tomorrow. You never know, though. It's stupid to make big bets in this Market. It's not an easy market to make money on the "long" side. That's why capital preservation is critical until it becomes easier again... and it will.
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