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.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00170-19.0%Dec 26 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: joe who wrote (22609)10/8/1998 4:24:00 PM
From: Wayners  Read Replies (1) of 45548
 
If there was lots of put buying, then MMs were writing the puts and shorting the stock as they went along--because we all know that after the 87 crash, its a big no-no for MMs to write naked puts. MMs are covered put writers. Yea, I agree that heavy put buying/activity is a good indicator of a short term bottom. I still expect COMS to hit high $23's/low $24s, however I'm looking for a rally to retest resistance at about $27. We'll either get a gap up tomorrow or a rally to $27--then its short time again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News