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Technology Stocks : Network Appliance
NTAP 109.82-1.0%Dec 23 3:59 PM EST

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To: JakeStraw who wrote (10782)5/16/2006 12:27:43 PM
From: alanrs   of 10934
 
Everything weak today. Bought a little INTC and sold a QCOM July 42.50 put. Unfortunately, the only way to buy low and sell high is to buy when things go down. We'll see. Bought SONS yesterday, and a few other things along the way. Will probably nibble more on who knows what if this keeps up. RSI type readings say this is extremely oversold, and unless we are on the verge of a recession... Always a crap shoot in the short term.

ARS
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