SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Electric who wrote (48869)7/30/1998 5:23:00 PM
From: donald sew  Read Replies (1) of 58727
 
INDEX UPDATE
-------------------------

Well, we got the runup today and the top should be right around the corner, either tomorrow or Monday.

What would make it an easy call to initiate PUTS is if the DOW runs hard again tomorrow on poor market internals (especially new highs/lows) as it did today. Many would think that the we are back in an uptrend, but if the market internals do not improve significantly and immediately then I will consider it a BULL TRAP.

If the NEW HIGHs jump to 100+ that may not be good for initiating puts and I will hold off untill Monday to decide.

Seeya

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext