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Strategies & Market Trends : Tech Stock Options

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To: Dragon 1 who wrote (54143)9/28/1998 4:35:00 PM
From: Trey McAtee  Read Replies (3) of 58727
 
xia and don--

actually, i bought for a few reasons...

1) situation in japan is going to make fuji even more fierce.
2) movement into display market is going to be one hell of an expensive failure.

its a loser company, and i am going to hold the puts for a while. EK...what a joke<G>.

don--

i am still trying to learn this TA stuff...very interesting. i think i remember you saying something about a rising wedge in a DT on the dow.i have been looking over the charts, and i think you are right...i also noticed that these tend to bring a 15-20% downward movement. does this agree with what you have been seeing?

good luck to all,
trey

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