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Technology Stocks : DELL Bear Thread

DELL 142.58

+2.7%

10:08 AM EST

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To: AlanH who wrote (1502)	8/15/1998 8:59:00 PM
From: Stephen M. DeMoss	Read Replies (1) of 2578

Alan, you seem wise. Was it you also that laid out an options strategy on the Bull thread. I also liked that. I am considering closing my put positions monday. I presume there will be pressure on the market Monday with Clinton testifying and overseas probably reacting to our weak close. I may sell my puts and buy some calls near the end of the day for a one day move and bail before earnings. I am convinced that short term, the trend across the board, is down. A service I follow gave a sell signal last Tuesday. First one since last October. It will give a buy signal when the Dow resumes uptrend in conjunction with the top 5 mutual funds. Until that buy signal is triggered, all my longs will be day trades. Thanks again for your inputs. Steve d.

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