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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (48740)7/28/1998 10:32:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (3) of 58727
 
Jen
(this damn "requested page not found" is IRRITATING)

that strategy can be used for short or long with the same gap

and I was forgetting about the short until Mark popped up...

so I think we look tomorrow for one that gaps up higher than yesterday highs..and then
see if it can go long or short...

and one that opens lower than yesterdays low
and see if you can go long or short

I was having a little conversation with Lastshadow tonight
asking him my typical questions that Nemer always dreads ;-)

anyway...

the above strategy (using yesterdays high or low) is more conservative and one that we
should look at

if you get a handle on the "plain jane" one first..then you can move up to more riskier
gap strategies...

I asked him about the time frame and he indicated it is something you have to get a feel
for
depends on the sector
volume etc

for example...the higher the volume, the more techie the sector..the longer you might
want to wait to be sure

of course the longer you wait
the more you risk losing part of the profit...but it seems safer to me...

anyway
I think it is something we have to get a feel for
and I like discussing it here because it gets people involved and we can all watch how
it works

plus we get a lurker like Mark who pops up and helps us out ;-)
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