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: donald sew who wrote (28022)	11/7/1997 10:52:00 PM
From: Michael Pusateri	Read Replies (2) \| Respond to of 58727

Does anybody know where to get intraday graphs of options! Thanks in advance Michael

To: donald sew who wrote (28022)	11/8/1997 1:08:00 PM
From: Nancy	Read Replies (1) \| Respond to of 58727

Don, <<Tom, I am actually seeing potential for higher highs. One example is the the DRG which when the DOW hit 8300 it broke the 500 barrier. The DRG hit 500 again 2 days ago and the DOW was only at 7700. The all-time high for the DRG is 505. Of course that DRG is not the DOW or the NASDAQ or the SPX, but it is still a major second tier index.>> Have you ever thought about that Drug, along with other consumer nondurables - are defensive stocks in a bear market ? do you notice that G has tracked back to 90's even it has missed earnings ? Some reasoning I read about is that these companies products are daily necessities and good time or bad, the consumptions are rarely affected. Did you notice the drug stores stocks, and groceries stocks are flying high in past few weeks ? I believe finding the right themes (right sectors) to go long or short are easier to guess where the market might head in ST. Of course, if the whole market tanks due to something happens in Iraq or whatever, all sectors will be hit, just a matter of degree. but I do not see that drugs are higher than before, so we might see higher high of DOW or Nasdaq. Also MRK is much lower than when DOW is at 8300. in fact, MRK is lower than beginning of the year.