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Strategies & Market Trends : Tech Stock Options

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To: Michael Rich who wrote (19465)	8/14/1997 6:14:00 PM
From: Judy	of 58727

Hi, Michael Did everyone disappear to Ike's thread? Watched AMAT selloff and did not reenter today, but I will reenter soon if no divergences appear. Will complete my positions in the semis and semi equip makers before their next earnings report and during general market weakness. Wow, what a scam. Drugs got slammed the other day, and recovered nicely today. Oil drillers were slammed today, and Maria B said that some analysts say the reaction was overdone so we may see some upside tomorrow on them. Oh, did Taqi say that Maria B was bright? That Taqi has a sense of humor. Recall the dog ADBE had fleas for the summer. Summer is almost over and stock closely strongly above its 200-dma the other day. Still holding some shares bought at 37ish, rode the wave to 49ish waiting for a breakout and then that ANALyst downgraded the stock in July and dropped it like a rock to 34 ... I didn't have the fortitude to buy calls on the tank, and now the calls are expensive, but shares are good for a slow flip. Anything still look good?

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