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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (23551)12/18/2004 12:18:53 PM
From: ild  Respond to of 110194
 
<<<The stock market is not being supported by real money, in fact there have been domestic fund outflows the last two weeks. >>>

I'd think that foreigners are also not buying US stocks.
For instance INTC chart in Euros is not particularly bullish
finance.yahoo.com
finance.yahoo.com

idorfman.com

EDIT: IMO the recent rally was mostly due to hedge funds shorts covering.



To: russwinter who wrote (23551)12/18/2004 12:47:50 PM
From: Jill  Read Replies (2) | Respond to of 110194
 
I was thinking of selling some puts, rather than calls. My worry about for instance selling calls on AAPL (tho it depends how far out you are) if they do have a blowout quarter which is likely, whatever objective valuations are, they could still continue much higher. I can see selling calls on RIMM tho, it's murky there for a while at best.