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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (49691)8/11/1998 3:35:00 PM
From: Nemer  Read Replies (1) of 58727
 
SPX

1060

some one has DRAWN a line in the sand ........

yesterday, what was SPX line ..... 1080-1082 .....

now it's retreated 20 for today .....

let it retreat 20 more tomorrow and hold the line and I'll probably get my head handed to me in a sack with all the pitiful little scalps stuffed in my mouth .......

wish I'd know this before now , I'd had to have gotten 2 or 3 belts and I'm pretty darn hefty anyway .....
if my IQ were as large as my waist ....... I'd be real smart ........ ggggg

In spite of all the doom and gloom I'm reading .......
this appears to me to be the strong hands ripping the candy from the weaker hands ........

now, I still have some protective puts on my long term core holdings, and have stops in place to keep me from getting killed, but I don't ever remember the scalping being this easy in the past, at least for me .

Regards ---- Nemer
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