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Strategies & Market Trends : No-nonsense stock option picks !

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To: Benchman who wrote (110)1/11/1999 3:19:00 PM
From: Daflye  Read Replies (1) of 135
 
Congrats on MCLD!!!! Hope that made up for SEG, and then some.
Still holding OEYMB. like a gun to my head. heh heh heh
Expiry week, "Experts" keep saying that this is supposed to be an up week, but the put/call ratio is around 0.5. Scary low.
Nasdaq is hanging by INTC's thread. I'm sure they beat estimates by a a penny or two, but this feels like a selloff week. YHOO earnings and split. I'm betting that brings a selloff also.
So I'm holding OEYMB still, OEX could retrace to 610 - 615 in one day. Got a GTC order to sell at 5. I don't like cutting it this close, and would not repeat this trade, too easy to lose.
D-
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