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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (2049)	4/19/2001 11:46:35 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 5893

options expiration tomorrow...this rally may limp into tomorrow but?...is that an ascending triangle? my targets... tenlights.com tenlights.com tenlights.com

To: Jerry Olson who wrote (2049)	4/19/2001 12:32:18 PM
From: Hans	Read Replies (1) \| Respond to of 5893

It seems probably that we will see a pull back after yesterdays 10% intraday gain. Option expiration day is often negative as well. Rather than short, I bought EBAY APR 45 puts. The time value diminishes during exp week. It's risky, but pays well when stocks plunge on exp day. There is also the "Buy on rumour Sell on news" factor... stocks often dip after the pre-earnings hype run, even if they report good results. Lastly, I continue to see EBAY's P/E as excessive.