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To: Michael F. Donadio who wrote (8244)12/9/1997 9:35:00 PM
From: Duane L. Olson  Read Replies (2) | Respond to of 25814
 
Michael...speaking of Calls... I've been stacking up a few LSI Jan and April Calls in the expectation of the "typical" year-end rally and perhaps a little January Effect.. And HOPING to get some more LSI stock cheap in the next week. This year, the SE Asia situation has blown some of the projections (an "normal" charting) into a handbasket. Since charting can't to much more than look at how emotions are relected in stock prices, I guess we should expect a little volatility during times like this.
As one of the (few) CRAZY Mangey Bear Club (MBC) members who think the bottom MIGHT be around a retest of the Oct lows I'm looking for a quick drop through this week/up to the 18th... if we don't get the lows there...I will, once more prepare to concede to The Mystic One (Deferred, delayed, modified, but never reversed) ,<g>. Hope all of us can enjoy a nice rally through 27, either before or after a close at 18 15/16.... :-) happy investing, Michael. dlo