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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (33221)1/15/1998 8:40:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
That's what I had.

But Camp says the highs are either at 9:50, 9:55, 10:10, 10:15...or a little later at 10:50, 10:55, 11:00 (EST).

So generally speaking, the idea is to short an early rally. That is to say, no matter where the market opens, the gamble is to short it as it moves up. Tighten stops after 2 to avoid a bounce.

Camp projects the odds to be 70/30. 70% is pretty good. It's rare to see 80 or higher.
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