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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (30933)12/11/1997 11:45:00 AM
From: Electric  Read Replies (1) | Respond to of 58727
 
Kev,

I am very glad that you got out of those calls, and I should have taken my advice and swapped to puts..

I am in aggrement from the ideas thread and here that these dealings are going to spread to all sectors of tech stocks and OJ might be right to look into other sectors..

I say put the big boys... IBM MSFT MOT anything that hasnt gotten wacked, will IMHO.. DELL is on the top of my list...

I have been saying this all week..

The values will be very short term on rallies, but like mentioned on CNBC, profits locked, what is keeping the market from going lower until Jan? Profits are so valued in stock price now, that it is either perform or get trampled.... hard....

Electric



To: Kevin who wrote (30933)12/11/1997 12:08:00 PM
From: Patrick Slevin  Respond to of 58727
 
Checking around with active traders I know, they expect a rebound in the afternoon.

...But my patterns have the trend as down all the way into the close, so unless there is a reversal I'm waiting to level off positions until the final hour.

PPI numbers tomorrow should provide a slight upward bias, I think. But that's tomorrow. I'll worry about that then.


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