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Strategies & Market Trends : LastShadow's Position Trading
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To: Susan Saline who wrote (13221)4/23/1999 1:32:00 PM
From: eik  Read Replies (1) of 43080
 
COMS. "...''It's Friday takeover rumors again,'' said Paul Foster, investment strategist and editor of 1010wallstreet.com... Foster noted that the last five Fridays have spawned various takeover rumors concerning 3Com that buoyed vols, which then deflated early the next week when none of the chatter proved true.
''Why not sell into the IV (implied volatility) spike?'' he said, but the market maker said that sellers had not yet entered. ..."
biz.yahoo.com
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