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 (30101)	12/3/1997 11:13:00 PM
From: Nancy	Read Replies (1) \| Respond to of 58727

Don, <<OSX = the JAN 100's which is obtained yesterday for 14.5 are now around 20. There is a slight resistance line at 119 which it should not be that hard of an obstacle to pierce. The next and stronger resistance line is at 128. From some quick calculations, the OSX will be approaching the overbought region above 120 per the short-term technicals. If/when it hits overbought range and if it is done quickly, which at this time should be in the 120-125 range, I will sell calls.It has been brought to my attention by emails that some have entered this play on my comments; therefore I will attempt to keep frequent updates.>> Excellent call, Don. May I ask you a question ? you posted OSX is a class 1 buy on a technical delayed dip on Tuesday. OSX hit bottomed on Monday. Does your delayed dip refer to Monday or a possible dip on Tuesday ? Of course it never dipped on Tuesday. Just wants to understand the meaning of delayed dip. thanks.