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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Heg Heg who wrote (27660)11/2/1997 7:23:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Heg,

If we get back to 7300 the overall market will be approaching or at oversold position per my TA. Since I feel that trading is getting back to normal I will be confident to enter call positions at 7300.

As for the indexes, all the premiums will be high due to the volitility. I would go with strength which would be the DRG, XOI, DJX
BKX, UTY. The Hi-techers were the most beaten up, but I am not that sure they will be the leaders prior to NOV expiration, although they have shown strength on Friday.