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Strategies & Market Trends : Implied Volatility
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To: Merlo who wrote (34)8/15/1997 11:47:00 PM
From: Merlo   of 44
 
Hello,

We'll we hit lower lows today. Not a good sign. This usally raises a few flags plus a few key support areas were taken out today.
I'm still sitting on the sidelines..waiting for this to blow over or
will it? I think the naz will be hit next due to excessive overvaluation's..The buy on dip people are a brave bunch I have to tip
my hat to them, without the dippers this market would have tanked big time. Dell appears invincable but time will tell. I may buy puts on the run up..But who knows, just my opinion.

Let's hope more brave buy on dippers reappear on monday.

Thanks,
Merlo
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