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Strategies & Market Trends : Tech Stock Options

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To: Michael Rich who wrote (16929)7/25/1997 4:40:00 PM
From: Judy   of 58727
 
Michael,

I saw from yesterday's close that CSCO may see some weakness before earnings. Whether the stock tanks after earnings or shoots up, I'll be fine ... What would be optimal would be if the stock runs up strong and then the whole market corrects. I am ready for this scenario.

MSFT, are you seeing weakness and divergences and negative m/f over a prolonged period? Study the beast for puts and let me know. Its power is too scary for naked calls ... TT may be braver, but not me.

So what did you liquidate, my dear?
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