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Strategies & Market Trends : Tech Stock Options

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To: tony sidhu who wrote (48054)7/19/1998 3:32:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 58727
 
Tony

Dell seems to have a pattern to it

but you should check
William Spauldings posts..he used to talk alot about the pattern

and perhaps David can also lend his expertise since he has been a Dellhead for AT LEAST a year

dont know even if william is still around on the Dellhead thread....
(i am going to do some more investigating since I plan to do the option thing on Dell
I mean I can spend 10K and not even get 100 shares
or I can spend 10k and MAYBE get the right to control 1000...the options are pretty expensive!!!!)

go to www.tradepbs.com

pull up the historical quotations

go to Dell's site and read its investor relations information

and look at the pattern

and remember this
I believe
psychology has alot to do with trading
(just watched Wall Street again yesterday....love the scene at the end where everyone is panicking, the guys on the floor are trying to sell.. and when the guy says his bargain basement price
everyone in the crowd says SOLD at the same time

wonder if it was like that for Cendant...

btw, havent you ever panicked when you saw the price falling and then found out you sold near the bottom...I sure have...

so this pattern could be taken two ways

self fulfilling prophecy this time around

OR

just when the lambs keep playing the pattern
they get slaughtered....

the only thing I am worried about is the overall market...

so I just have to watch everything carefully
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