SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (18476)6/24/1999 6:10:00 PM
From: KM  Read Replies (3) | Respond to of 99985
 
From Street.com market roundup:

Goldman Sachs bought July 10,700 puts to the tune of 20,000 contracts, at an average price of 2 1/2 ($250 per contract), according to a trader at Wall Street Access. It was "a very bearish signal," the trader said. "Even if they bought stock and this is a hedge against it." The order crossed at 4:09 p.m. EDT.

Goldman Sachs declined to comment.




To: pater tenebrarum who wrote (18476)6/24/1999 6:15:00 PM
From: James F. Hopkins  Respond to of 99985
 
LOL very bullish eh ?



To: pater tenebrarum who wrote (18476)6/24/1999 6:46:00 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 99985
 
There is a counter trade at DJX 100 for about same amount of OI

Haim



To: pater tenebrarum who wrote (18476)6/24/1999 8:14:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
*OT* >> i thought abby was bullish? <<

That was only before Goldman went public, now that she got her money, she is busy building her fallout shelter for the collapse of the bubble she knew about all along and knows can't last forever.

PS - I also sold my puts this morning, FINALLY!

Good Luck,

Lee