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.
Strategies & Market Trends : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (57969)11/23/1998 11:40:00 AM
From: donald sew  Read Replies (2) of 58727
 
LG,

For potential PUT plays, I dont like the way the NAZ is moving up so far. It has been a steady upswing intraday.

The RUT is still lagging the DOW and the NAZ slightly.

The BKX has just set a higher high slightly.

The DOW is up 90 but the TICK is only up 150-200 points. If a strong buy program stepped in right now we could see the DOW up much higher. Im not saying that a buy program will or will not happen.

I recall in the past that TICK movements in the 1000 range normally means the extremes and some sort of reversal, even intraday, should occur. We are not getting anywhere close to a 1000 tick and the DOW is up strong. The small guys are buying is my conclusion.

This is actually funny, the small guys are buying but the big boys are not really participating in light of the volume. If the big boys did start to go short by hedging already, they did it too early, but dont think it will be long before they do some selling so their hedge positions dont lose.

Seeya
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