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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (30594)9/21/2000 5:36:16 PM
From: jimcav  Read Replies (1) | Respond to of 42787
 
I just don't like catching knives...gonna wait and see tomorrow, don't mind missing a few points to protect the capital.



To: dennis michael patterson who wrote (30594)9/21/2000 7:10:58 PM
From: Gersh Avery  Read Replies (2) | Respond to of 42787
 
Hi dennis

Hey .. INTC has an old habbit pattern.

See they sell puts. I think that they do it to have shares put to them for the employee stock options.

Anyway, what'll happin is that tomorrow there will be one strike that will suddenly show a large volume. This will be the strike that they hope that the apples will fall to. The stock price will probably not fall through that strike.

FWIW

Gersh


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