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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (41798)4/29/1998 11:07:00 AM
From: Darth Trader  Read Replies (1) of 58727
 
Re: PFE, you are right about a lot of press, sellers are apparently taking advantage to take profits by selling on the news. Buyers are waiting for that gap from $105 to $110 to get filled. I see that the gap from $114 to $116 is now solidly filled. The way the chart looks and the way these news story stocks go, the stock well sell off until enough people decide that it won't go any lower, than a good pop.

Long on PFE June 120's.
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