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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (42378)5/6/1998 3:34:00 PM
From: Patrick Slevin  Read Replies (4) of 58727
 
The difference between trading and investing is that traders are fickle.

I just came home and shorted 4 at 1113.60

I was not happy with the fill, but it's my timing.

Traders don't care which way the market goes, just that it goes their way.

So anyway, may all your longs do well....but I think the point of no return shall either be Friday or Monday.

Just a Wild AG.

This, to me, is a very risky market. But I am not as bright as the professionals so my play.....take it or leave it? ....is to play for a selloff either based on strong Friday numbers or short the weak Friday numbers because the bond should get smacked.

My pessimistic forecast is that by Monday......we should be rockin' and rollin' on the downside.
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