MDA - Market Direction Analysis Message Board

STOCKTALK

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 : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (10148)	4/7/1999 6:59:00 PM
From: Jack Luo	Read Replies (2) of 99985

Heinz, thanks for pointing this overbought monster out to me. sold the puts at a tidy profit today, so it was definitely worth it. Could we share your tidy profit from shorting AOL. <gg> Are you still in NSOL? What's your take on its next movement. I took a small short position on NSOL before it went down to 94. I was some concerned when it stopped at 94 which was not a strong support, so I made a defensive move to box my shorts before it started moving up. Now I am in the long side and wondering if I should exit. NSOL went up another $4 after Prudential's positive comments, but gave it all back before closing. In the current situation, this market could go either way. Tomorrow's market direction will depend on how WS reacts to YHOO's earning. I haven't had time to look at the details; it sounds positive. We may see net stocks move again tomorrow. Any thoughts on that? It's dangerous to play either side in these two weeks. Maybe the best move is to stay on the sideline. Regards, jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next