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Strategies & Market Trends : The Art of Investing

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Dec 11 4:00 PM EST

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To: JEB who wrote (172)	10/15/1998 3:08:00 PM
From: Sun Tzu	Read Replies (1) of 10695

Truer words were never spoken ;) I looked at TDFX, which is a stock I've mentioned here before, both longs and shorts are completely dumbfounded and have no clue what it is going to do after tonight's earning announcement. I looked at the options, and they gave a new meaning to implied volatitility; 5% out of money options which expire tomorrow were selling for $0.5! That is almost 5% of the stock price. I think this is the time to be either a fast trader, or stay out of the market all together. Sun Tzu

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