Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Zeev Hed who wrote (76044)	6/7/2002 1:35:25 PM
From: vampire	Read Replies (2) \| Respond to of 99280

Dont options expire the 21st? friekin' QCOM - green

To: Zeev Hed who wrote (76044)	6/7/2002 1:35:26 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 99280

Options expirey for June is the 21st, 3rd friday of the month...

To: Zeev Hed who wrote (76044)	6/7/2002 1:39:10 PM
From: Rick Storm	Read Replies (1) \| Respond to of 99280

Zeev, then are you assuming a GNT today? thanks , Rick

To: Zeev Hed who wrote (76044)	6/7/2002 4:20:21 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

Zeev, in general I agree. However, if they did not have any other plays, they would have to wait for the bottom to buy again, as options are brutal when you sell and re-purchase. Looking at the BTK, it appears it may hit the 320-330 area on the next drop if we don't get some extension on Monday. The Dow and SPX re-traced 50% of the drop, so they look done. The COMP and NDX also re-traced 50%, so they appear headed for the next level, probably around 1450 COMP and 1066 NDX. Dow 9300 and SPX 990-997 appear within reach next week also. Anyway, the set-up for the next month seems like it calls for an ultimate drop to 1297 COMP, which coincidently is within 1-point of a number you mentioned back in February. Those turnips are quite amazing indeed.