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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (27020)10/27/1997 11:22:00 AM
From: Electric  Respond to of 58727
 
Kevin,

I dont have the nerves to trade the Big Boys yet...

I sat there last night thinking ~Keep with the trend until it shows different~ I wanted to putt a few holes with TXN CPQ INTC.. But darn it I cant.. Tell me if the MF on these change anytime soon, I hate betting DONT, maybe I wont bet at all.. that might work..

Bought 2 Apple 20's at 3/8 to see what could happen... ~ggg~

Electric



To: Kevin who wrote (27020)10/27/1997 11:27:00 AM
From: Brad Hill  Read Replies (2) | Respond to of 58727
 
Kevin--Electric. As soon as the SPZ broke below 935, I bought OEX 870 puts. Had the confirm from the SPX that we'd go lower. Next stop supp#2 for both.

I sold the last of my SPX long puts as it approached your second support point for an 8-point gain. Thanks! From what you're saying now, I was premature, huh? <g> Do you see the DOW 7600 support turning to short-term resistance, and trading down to 7000?

-- Brad


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