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

To: Tom Trader who wrote (27714)	11/2/1997 11:39:00 PM
From: j g cordes	Respond to of 58727

Tom, that's a wonderful story "it turns out that I am long the 2000 LEAPS and the Schwab computers could not read it right." Perhaps if you go short the 2000 LEAPS you'll be given an margin credit, there may be real money here <ggg>. I've reiterated that this isn't the 'crash.' Its their crash, the Asian flu, whatever one wants to call it... what we've seen dosen't resemble what a crash here would look like. However, to borrow a concept used for inoculation... getting a little flu has helped a great deal to brace our systems' defences. Some sectors have been beaten up pretty badly. The indexes are able to hide a world of hurt. Using them may disguise some valid bottoms and other stocks just emerging from sustained lows. Many of the same inbalances of fund nifty 100 and 500 index stock investing continues. Its also possible that some of the global companies like GE and PG have become statisticly independent of most local events, instead rising and falling with world GDP... It would be interesting to remove the largest companies (or just the Dow stocks) from the OEX and see what the chart looks like...