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


To: Jill who wrote (6640)4/18/2000 6:45:00 PM
From: Jimbo  Read Replies (1) | Respond to of 8096
 
Anybody know where the $TRIN index is explained (also known as the Arms Index) ?



To: Jill who wrote (6640)4/18/2000 10:47:00 PM
From: Trader J  Read Replies (1) | Respond to of 8096
 
Jill - Yep, I have been watching earnings closely and nearly every one has surprised ...... just what the market needs to say "in your face". Its not a lot to justify some of the lofty P/Es, but it is enough, pyschologically, to force traders and investors alike keep their heads in the markets and not rush to the sidelines.

Still expecting more disparity between the 1st and 2nd tier companies .... but am beginning to think that there is room for a few of the quality secondaries that have game. I really like DRIV here and if I were an options player, would be looking in that direction ..... perhaps CS as well..... 30s.

J