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Strategies & Market Trends : Tech Stock Options

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To: scotty who wrote (31160)12/14/1997 12:34:00 PM
From: Tom Trader  Read Replies (3) of 58727
 
Well thread, things must be in a REALLY bad way for the longs

Just 11 postings all day on this thread yesterday -- with Don and I contributing about half of them

Just 20 postings on the Ideas thread all day

Now there was a time--not so long ago-- when this many postings occurred in one hour--and in the mean time the Kahuna and Ask Mohan thread each number about 100 posts yesterday and the latter had almost 250 posts on Friday.

SI sentiment of bulls and bears has reached a near all-time low as far as bulls are concerned.

Market is oversold

Methinks that a tradeable bottom is close at hand:)

>>Buy puts on UAL,AMR,Delta.

Scotty, would you care to elaborate??
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