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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (22547)9/10/1997 2:11:00 PM
From: Autumn Henry   of 58727
 
Tom,

yes, NVLS back is broken. It was a good trade we both didn't take....:) It is not done.....

On the IBM thing. When I saw the action for the day I thought.....hmmmm...re. the SB conference the next day I thought.....hmmmmmmm....the last time I saw this with IBM was when there was a currency announcement problem. Then 2 hours later they mentioned that and I thought ....whew! I thought Autumn if you had any ba**s you would short it now cause it has to lose l0 points at least.....:)

Traders are saying it is just an excuse for profit taking with these currency scares and I agree but it COUNTS when the stock goes down.

Autumn
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