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

To: Doppler who wrote (45815)7/17/2000 2:19:08 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
As Giz said the Vix is extremely low which is very bullish.

Just to clarify, a low vix reading is a sign there there is a lot of bullish sentiment and complacency. This is a contrary indicator. A low vix reading is a bearish indication, not bullish.



To: Doppler who wrote (45815)7/17/2000 6:33:34 AM
From: Oral Roberts  Respond to of 63513
 
<PS- how long you keeping ATML>

I think Wed. morning. If it does a pretty good run up say mid 40's I will buy July puts. Others have been going up on good earnings, but they haven't seemed to run up much before, I think the greater the run the greater the chance for a pull back IMHO.

Jeff Roberts

PS I have the same plan with EMC just 1 day earlier.


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