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 : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (66611)	8/11/2002 11:13:28 AM
From: bbgold	Read Replies (1) \| Respond to of 208838

Hi SusieQ, your own thoughts? I was wondering if this post was your own thoughts or a paste from somewhere? I have been following the DJX options and have looked into the DIA contracts. Most of the DIA contracts have a lower open interest and higher spreads than the DJX contracts, from what I have seen in the past anyway. If your interest is in trading the Options rather than the tracking stock then the DJX Options appear more attractive IMO. I would agree with the analysis here that 8800 might be a short term top. We could also Possibly see 9000 here. If there is continued uncertainty about the FOMC meeting then that could give us a possible retrace Monday and Tuesday, maybe. 8700 also looks as though it might be a good short trigger as that would put the market below it's short term SMA support levels, where it has been bouncing from. Anyway, if you are interested in trading the Index Options then you might want to take a look at the board I am on at iHub investorshub.com Any insights or opinions that you might have about the market movement would be appreciated there. Good Luck SusieQ! Sincerely, Bob :^)