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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (40133)5/14/1999 5:06:00 PM
From: Jenna  Read Replies (3) of 120523
 
Puts: a slow and steady process: CMB went from 1 7/16 to 2 11/16, the June PVN went from 5 7/8 to 6 3/4 and the June COF went from 7 1/8 to 8 3/4.. Not a whole lot but if there is another gap down or even just a little weakness they can go up more, otherwise I'll just gather up the 3 1/2 points profits and go home.. assuming the DOW doesn't gap up 193 on Monday then I'm back to square one. But I didn't use too much chart reading to enter these, just a quick glance was enough to see the negative breakouts. I just checked my Value Line list of which puts would be the best bet. No time for careful chart reading when the market is heading down steadily with the S&P down 16.
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