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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: Rarebird who wrote (25838)11/28/1997 2:46:00 AM
From: Daniel Simon  Read Replies (1) of 50808
 
From Rarebird << Option Speculators are well known to jump on a trend and usually lose. >>
I take it option speculators have a short half life???
<<But nothing is more dangerous to a stocks fate than when a stock falls
dramatically and option speculators are still bullish! This means there
are still alot of sellers out there and Cube will continue to GO DOWN!>>
I have heard this argument before and it still makes no sense to me. If an option speculator is bullish how does it follow that there are still alot of sellers out there??

thanks for clarifying.
Daniel
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