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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (28791)4/17/2000 11:08:00 AM
From: The Phoenix  Respond to of 63513
 
If I think that we are going to have more weakness, I will just sell long positions or ride it out.

Exactly....

OG



To: Jorj X Mckie who wrote (28791)4/17/2000 11:18:00 AM
From: Doppler  Read Replies (4) | Respond to of 63513
 
Last night I was checking out the calls for QQQ, which I bought at the open today. The 80's had a put/call ratio of 10/1 or something like that. That smelled of a bottom to me. At least short term.



To: Jorj X Mckie who wrote (28791)4/17/2000 1:19:00 PM
From: John Pitera  Read Replies (1) | Respond to of 63513
 
puts are very expensive with the VIX up near 40.

options are expensive, I seen some out of the money april calls being accumulated.

GSachs etc will figure out which stocks they want to ramp by friday and they are busy at work picking up those 3/16 calls.

what a world, what a world.. -g-