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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (12704)8/15/2001 1:00:34 PM
From: Oleg Sogolov  Read Replies (1) | Respond to of 19633
 
Tom, I am a big fan of stock charts, so I do not really see if making a short entry in OPEX at these levels would be such a good idea, options could be a different story.

On another note, I just covered CKFR and looking to put this money to work. How does PLAB sound to you for tonight's earnings play?



To: Tom Hua who wrote (12704)8/15/2001 5:58:19 PM
From: SpecialK  Read Replies (1) | Respond to of 19633
 
Puts were cheap, so less to lose. Results look good in bad times. High number of shorts and near recent support, more likely to bounce back to 25. Just my opinion.

Ketan