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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (14819)7/15/1998 5:26:00 PM
From: Judy  Read Replies (1) of 17305
 
Much as I believe in CYMI for the long-term, I will say that CYMI has very strong technical resistance at 22ish and those who have profits may want to protect or take them. In all likelihood CYMI can be had cheaper again before the end of the year. This rally in the sector is not for real yet ...

Message 5206733

Andrew, I skimmed the thread and saw your trades on AMAT. Will comment on some options strategies this weekend, but basically I prefer to sell options during the week of expiry. Seldom do I buy options unless the momentum and sector/market tone encourage it. AMAT has neither good momentum nor good sector tone ... and you get my drift.
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