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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (1546)	8/22/2003 7:45:09 PM
From: Geoff Altman	Read Replies (2) \| Respond to of 1658

Anyone think of a reason that I shouldn't buy puts here? The chart indicates that the party is over. Tripled over the last 3 months. Over bought on the 6 and 3 month charts (short covering most likely is done and shorting ready to start again), MACD and MACD Histogram both peaked Stochatics just crossed over on the 6 month momentum has fizzled. Company is burning money like crazy and even though they've put out some good news in the last few months I think the stock got ahead of itself. Oh, did I mention the Dark Cloud Cover formation? Oh, did I mention that the Oct 5 puts are at .25 on the ask?