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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (33624)1/20/1998 11:06:00 AM
From: Kevin  Read Replies (1) of 58727
 
>>>well Kevin...did you sell your calls...<<<

Good morning lisa. I haven't sold my calls yet.
System still says up.

>>>Of course never figured out which kind of pattern a red day was suppose to have as Patrick decided to go mum about it <<<

Boy that conversation looked VERY familiar ;-)

Today's data:
spx---
987.90
973.51
967.51
piv: 959.12
953.12
944.73
930.34

break: 946.74

sph8---
987.63
977.73
973.07
piv: 967.83
963.17
957.93
948.03

break: 953.12

Sorry for the delay this morning. Had houseguests Thursday, Friday, Saturday, and last night. Exhausted to say the least.

Took a chance and shorted calls on CSCO this morning. Feb 60s @ 2 1/4. I'm seeing overbought signals and think $60 should be a solid ceiling...for the short term.

Haven't had time to look at anything else.

Talk to you later.

Kevin
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