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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (47281)4/19/2000 10:15:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Heinz, last night after i logged off and started working on many of the blue chip tech charts such as aapl, sunw, csco, intc, nok and most of them had rallied into the area of their rising wedges.

207.61.23.98

b



To: pater tenebrarum who wrote (47281)4/19/2000 11:16:00 AM
From: AllansAlias  Read Replies (1) | Respond to of 99985
 
I've just bid on some AMZN May 30 puts and am looking to add to my short position as we continue to rally. I have been looking for wounded charts with lots of air under them, under the assumption that these will fall to dizzying lows when we go back down. I opine that the more pure Internet plays would be even better candidates.

Volatility is demanding a high premium, but I am betting nonetheless, that deep out of the money puts will pay handsomely.

Question: To the more learned bears: What would your choice candidates be?

Suggestions are much appreciated. Thank you.

--Allan