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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 (49806)8/22/2000 11:16:02 PM
From: Dana Johnson  Read Replies (2) | Respond to of 63513
 
FFIV doesn't look as good on a 5 box scale.

I took Carpino's advice and lightened up today. I'm thinking some dark side plays may be good here.



To: Jorj X Mckie who wrote (49806)8/23/2000 10:13:58 AM
From: John Pitera  Respond to of 63513
 
I'm neutral on FFIV... crude is up over a buck .

we have a real problem with low inventories especially in
Heating oil and Nat Gas. this may be very
disruptive for the fall, and Gore will be talking about
very anti-free market concepts.

this could rattle wall street once or twice.

I'd keep an eye on XOM it has had a multi year top area
of 87 to 85 that it has never gotten through, when it
does get through that resistance it could have a 15 or 20
dollar move, I was actually pricing out of the money calls
on it, which is something I have not done in a few years.

John



To: Jorj X Mckie who wrote (49806)8/23/2000 5:09:41 PM
From: KM  Read Replies (4) | Respond to of 63513
 
JXM: I got some CMRC today but watching it, there's enormous selling/shorting pressure on the tape. What gives? Is there an arbitrage going on?

Thanks.