SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (50741)4/12/2002 1:29:48 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
A lesson on never stop checking an options postion.My one position in the market i had written off--20Apr15GPS puts purchased at 50cents and GPS was hanging above 15 day after day after day---so i stopped watching.Evidently something happened yesterday and they plunged in last hour yesterday to 13.30 and closed at 13.36---i could have sold them then at 1.90(but had no idea it had happened).
Just in the past hour i happened to see GPS at 14.05 so i sold them for a buck--90cents than less if i had been watching yesterday--a lesson, don't quit on an option until the last day.Max



To: mishedlo who wrote (50741)4/12/2002 1:40:50 PM
From: ajtj99  Respond to of 99280
 
The next half hour is critical, as it will set up what happens the rest of the day, and possibly next week.

We need to take out the HOD if we do start a rise around 2:00-2:15 or so.

TRINQ is mid-range on the 10-minute, and the 15-minute NDX chart is turning down, and the 60-minute is about to turn down. NDX turned down this AM off the 20-hour EMA on the 60-minute.