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To: Haim R. Branisteanu who wrote (11837)8/17/2000 3:29:22 PM
From: AllansAlias  Respond to of 436258
 
Yea, I see it. As the books all say, -g-, every single one of the extremes pointed to a decline.

I will be watching now to see if there is signficant profit-taking. If there is not, then I take this as a further, more immediate, sign that there is no fear.

ps: we have old-econ blass-off



To: Haim R. Branisteanu who wrote (11837)8/17/2000 3:53:33 PM
From: Alias Shrugged  Read Replies (3) | Respond to of 436258
 
>>>see July 1999 just before option expiration, feels and smells the same>>>

I agree!!

In July 1999, did we start down the following monday or did we hang around at the highs for a day or two?

I will be buying Dec. NDX puts over the next few days. This is the strongest options related activity we have had in 4 or 5 months.

Of course, crude heading back to $32 means nothing. Ooops, sorry, crude heading to $32 is bullish!!