SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Heg Heg who wrote (34971)2/12/1998 3:00:00 PM
From: donald sew  Read Replies (1) of 58727
 
Heg,

At the time I wrote that note the DOW was around negative 50.

Firstly, I made a miscalculation, since I was basing my calculation on the SPX. I had indicated also that the SPX would close from negative 6 to negative 2. Therefore using a 8:1 ratio the DOW should close in the negative 15 to negative 40 range, not negative 20-50.

Now, when I said "Watch, the DOW will close down 100", I was just joking. Sorry for confusing you.

WOW, as I am writing the DOW is now positive. Guess I will buying more PUTS tomorrow, as long as the DOW does not close above positive 20.

Seeya
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News