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To: eik who wrote (32638)7/26/1999 3:30:00 PM
From: richard w allgaier  Read Replies (1) | Respond to of 45548
 
My "absolute bottom" would be 20 21. Got it at that or in that area twice so far.



To: eik who wrote (32638)7/26/1999 4:24:00 PM
From: Elmo Gregory  Read Replies (1) | Respond to of 45548
 
Evvgen - Speaking of institutional buying...Pretty good sized trade occurred at 10:06 ... 604,700 @ 24.50

After seeing that, I was overcome by irrational exuberance, and bought 20 ZTHAD JAN2001 20 strike @ 9-1/2. Ten minutes later some lucky investor (aka gambler) acquired an unknown quantity of the same for just 8-3/4. However, the ask never went below 9-5/8 and was at 9-3/4 for most of the time. I don't understand what happened. Timing is everything I guess. Anyone have a free source for time-and-sales reporting of option trades?

Any prediction of the "absolute bottom?" Pretty easy to look back at the charts and tell when it was, but I don't know how to read the charts to predict the future.

Regards,
Elmo