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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (18786)2/4/2001 7:49:23 PM
From: mishedlo  Read Replies (1) | Respond to of 19374
 
Thanks, I was in early in fact a tad too early at 78 and it rose to 83. I was in with JUN 55 PUTs so I held. Now I am quite ahead.

If you can time EMC correctly, from a PUT standpoint it is actually far more productive than RIMM because the options are quite cheap comparatively. Based on your analysis, I might get greedy and add a few more but probably not.

BTW - How does one tell a professional gap down vs a retail exhaustion gap.

I would assume a nonsense gap up at the open (like we saw on RIMM to 77 was a retail gap up), but can you tell this by looking at charts. More concerned with spotting the professional gaps.

Thanks

M