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Strategies & Market Trends : Tech Stock Options

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To: SE who wrote (45674)6/12/1998 12:53:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
My short from 1109 was stopped out at 1097.80

I tend to agree it will progress lower; the weekend is no time to be long, methinks. I am just waiting to see what happens at this point----I'm flat.

The TIKI had an extreme negative reading at 11:26 ET. It did not change the direction of the motion...rather it accelerated. I've been noting the high -TICK readings and they contributed to my decision to tighten my stop after the decline to 1093.

The PREM has not been of the high end of the forecast range all day....this also makes me a tad leary that there will be a sudden rally before the late innings.....just intuition.
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