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: MtnMan who wrote (28367)	11/13/1997 6:52:00 PM
From: David Weis	Read Replies (1) \| Respond to of 58727

Hey Neal --- well, my stocks are moving too, but I'm sure what direction they are going to move the next minute. Yesterday, EVERYthing was RED and I mean BIG time RED. Today, everything ended the day BIG TIME GREEN. GREEN is a much nicer color to see on my monitor. Well, would you want your stocks to be moving.......down? :o) If you know how to play 'em DOWN, please give me some lessons!

To: MtnMan who wrote (28367)	11/13/1997 7:06:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 58727

Hi Neal I will continue to buy OEX puts thru all up moves in this market...It ain't over yet... KLIC will beat the street tomr. i'm looking to exit my Long position and ALL options ASAP...I think i'm going to be OK.... I'll be selling AMAT & INTC as well...I increased my put position on EK, its' going lower...looking for some other puts to play... I believe downgrades will be the order of the day from the semis...Asia will impact the group for SURE... The thinking right now is, what will the effects of all this mean to US markets...I think AG is thru for the next 6 months or so...No rate hikes in the cards...But, corp profits will definately be impacted by a slowing economy and that is even more precarious to earnings shortfalls.. The Markets are forward looking and very early in their selling these potential stocks...they will shift funds quickly to safe harbors RE: anything that is US home grown with little or no exposure to other markets fluctuations... Banks in Asia & Japn are in jeopardy and we won't know the fall out till its reported in realtime, albeit too late...IMO.... I'm cautious here for now, but will be selectively buying for the future...Of course I love the semis but will restrain myself from partaking till the all clear signal is given IN MY HEAD111 Good Luck with your trades...and be careful & nimble, Jerry