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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (1967)5/23/1996 11:29:00 AM
From: Judy   of 58727
 
On straddles, dead cat bounces, and other things

Kevin, watched IOMG this morning and a long straddle at 50 may be nice. Now let's talk about other things besides this stock that starts with an "I".

Saw your post on OAKT ... I stopped doing dead cat bounces the second time the cat didn't bounce (re: CPQ, IBM)... if anyone does this type of play, go far enough out in time...like buying surrogate shares.

What else do you have cooking? On taking the ride up on ASND, does the RSI say now is the time? Last we talked about SUNW, you were looking for a dip down ... but actually I think it's breaking thru resistance, may be trying to set another high ... thoughts?

You sound kinda normal again, have you found a balance to limit the addiction of the market, caught between work and your dreams ... like going for long rides on your dirt bike ...
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