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


To: Jorj X Mckie who wrote (49366)8/18/2000 1:29:10 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 63513
 
I do too.

Some indecision here, but my reasons for rallying are:

1. Reported today that lots of cash in MM fund (sidelined)
2. No rate increase
3. Election cycle
4. 3rd qtr. earnings (tech) will be good
5. Seasonally, this is the time to buy technology, with Naz hugging 200 DMA, a breakout can only reinforce this.

Wild card and possible caveat. Oil and energy prices.



To: Jorj X Mckie who wrote (49366)8/18/2000 1:35:06 PM
From: Rich1  Respond to of 63513
 
NT any opinion in at like $68 sold calls at $75 for $5. calls now $8 and change stock seems to be going up. Buy calls back or let her go?
Pretty interesting news on NT today.
BTW Monday I am going to start selling.



To: Jorj X Mckie who wrote (49366)8/18/2000 1:47:48 PM
From: John Pitera  Read Replies (2) | Respond to of 63513
 
strong rally on options expiration friday...... mmhhh.

probably not, this is a day full of complicated derivative
pinning games.and the nasd is still not taking out the
200 dma.

14 out of 15 times options expiration friday's do
not produce much of a big move for the averages.

is it pin the OEX at 810 time???