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Technology Stocks : XLA or SCF from Mass. to Burmuda -- Ignore unavailable to you. Want to Upgrade?


To: Scott Bergquist who wrote (730)9/5/2000 1:17:27 PM
From: Scott Bergquist  Respond to of 1116
 
As profit-taking took XLA down from 28+ to 25, not ONE option for the Sept 25 call, or the Sept 17 1/2 traded. Now the price is rebounding from 25 to 26 1/4.

Short-sellers: had your chance to cover. Muffed it!



To: Scott Bergquist who wrote (730)9/5/2000 1:17:48 PM
From: allen menglin chen  Read Replies (1) | Respond to of 1116
 
Option buyers are contrary to the market. Looks like XLA squeeze is over this round, since I know many bears stopped out earlier when XLA was trading above 26. The top is either earlier today, or tomorrow AM.