Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 148.32

-3.3%

Nov 14 9:30 AM EST

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To: Zeev Hed who wrote (7483)	1/6/1999 12:56:00 PM
From: Mark Ivan	Read Replies (1) of 10921

Zeev, So are you still saying this "Jan rally" is solely for MM distribution? I am stuck (and I mean totally confounded) on what do do with the covered calls on my CYMI (jan 15's). I don't know whether to hold into expiry, roll them to Feb 17.5, or just buy them back. The minute, and I mean too the minute, I'd buy them back, CYMI would tank. Zeev, I can be your turnips new contrary indicator. Whenever I sell calls or buy puts, the stock is GARUNTEED to shoot like a rocket. I can send you my trades and you can look even smarter than you already are. :) So what are the shrivled up turnips saying about the equip sector going into expiry? AMAT had a whole bunch of open interest calls near strike 35 to 40. People are raving bulls right now with the "Jan Rally". So what do you think? Is this rally for MM distribution and the crash coming when people least expect it? Mark Ivan

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