Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jill who wrote (165)	5/11/2000 8:54:00 AM
From: Poet	Read Replies (2) \| Respond to of 10876

Good morning, At this point, futures are up over 80. IMO, the market is dying for a reason to rally, though I think it'll be short-lived. I'll bet we'll see some enormous volatility today: extremely positive most of the day, then an EOD sell-off in anticipation of the PPI tomorrow. I'm looking for ATM May calls on NTAP, RMBS and BRCM to capture some of the upward movement. I'll post my trades.

To: Jill who wrote (165)	5/11/2000 9:06:00 AM
From: Poet	Read Replies (2) \| Respond to of 10876

Thursday May 11 8:39 AM ET Retail Sales Fall in April WASHINGTON (Reuters) - U.S. retail sales fell 0.2 percent in April, the first such decline in almost two years, the Commerce Department said on Thursday in a report suggesting recent interest rate rises may have started to cool the economy. Retail sales fell 0.2 percent to a seasonally-adjusted $266 billion after an upwardly revised 0.5 percent gain in March. That was the first decline since a 0.1 percent contraction in August of 1998. Economists polled by Reuters had expected a gain of 0.4 percent in April.