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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (41706)	4/28/1998 3:53:00 PM
From: Barbara Barry	Read Replies (1) of 58727

Lisa, FWIW.I keep in touch daily with a couple of brokers to get a feel for what the individuals are doing.From Quick and Riley...No selling,just a couple of questions and then a sort of "oh,ok" response.The pros are worried...I am anxious to buy puts...wish I had those 530's Friday...BUT there still seems to be enough buyers still around and I don't want to jump into a bear trap too early.I do think the "shot across the bow" has been heard but I am leaning towards Favors's take that another rally might be in the works.I don't know how much longer I can sit on the fence with options believing that we will get a larger correction.oex otpions are increasing but that does not give a good signal due to so much hedging..but the volume is interesting? Are ready to jump in yet?Wonder what Bill thinks...I bet he hasn't gotten that "trigger" yet.BWDIK Regards, Barbara

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