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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (16598)4/15/1998 10:54:00 PM
From: Jason Ghionis  Read Replies (3) of 94695
 
I don't know about the internet exploding but what about October OTM puts on AOL and YHOO? Technicals still indicating more strength near term but going out 2-3 months they're very bearish. Overbought signals off the scale. Other candidates are AMZN, XCIT, SEEK and LCOS. I'll be checking the options on those tomorrow.. I know the premiums on AMZN are at insane levels (70%+ impld) Also found the comments on the SOX interesting. I think we could see some weakness there in the following weeks... Any names out there that may be more sensitive than others to a decline?
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