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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (3002)2/15/2000 6:12:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 8096
 
FWIW, my views on JDSU.

Message 12877887

In P&F parlance, JDSU created a bearish triangle today, which would suggest further downside. If I was looking to take a bullish position, I would be waiting for the low 180s. Of course, these patterns can fail and some of the short term P&F indicators are pointing up, so I might resort to the coin toss...

JXM



To: Jill who wrote (3002)2/15/2000 6:46:00 PM
From: Duncan J Horn  Read Replies (1) | Respond to of 8096
 
Jill, Poet et al

In looking for the best place to transfer my account where I will have the ability to write puts, I came across this...

interactivebrokers.com

Interactive Brokers, wondered if any of you have researched or use them.
Can't beat their rates. $1.95 a contract or $.01 per share of stock, $1.00 minimum!

Streaming real time quotes showing last transaction and size.
Trading 8am to 8 pm
Account instantly updated.

So what's not to like?
One draw back is that they only accept cash...you cannot transfer stocks or options. To move out of your account you must liquidate and take cash. However you can take cash from your margin account. They said they were looking into allowing the transfer of equities.

You can download the TWS workstation and test it offline.

Thoughts?...

Thanks
Duncan



To: Jill who wrote (3002)2/16/2000 9:19:00 AM
From: edamo  Respond to of 8096
 
jill...."friday added volatility"

looking at yesterdays price action it appears that positions were being wrapped up yesterday....friday and monday of expiration normally provide opportunity as the price action takes intraday swings.