SI
SI
discoversearch

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.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (1689)1/6/1998 12:33:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
Hello Professor...

..I'm short BKS @ 33-5/8 via BKSNF Feb 30 PUTs @ 15/16 today's trade.

Should have flipped the OSX.X calls to puts but simply went flat at nice profit instead last Thursday; BP would have been the best XOI.X sector short, I think. FPP.X (Forest & Paper Products) may be next natural resource to tank; started collecting data on the sector last night. Picked UCC IP POP and PCH as short candidates and UWW as long.

Did preliminary T/A on SOX last night and saw LLTC was a good short-term short, amongst others, but I am going out on a limb and saying that INTC is consolidating / going up from here. As usual, Jrgen appears to have bought far CALLs at the bottom, (below 71). I'll put up my SOX.X charts on the WWWeb later for you and Berney. Santa Claus gave me a METASTOCK software package for Christmas, so I'm now all into Fibonacci Numbers and Stochastics but still draw trends and supports by hand ;-) Thanks again for sending F/A info - I'll make up a table of SOX.X components when I have a chance. Ever since the textbook Doji Morning Star in CY I have been trying to screw up enough courage to buy that dog at 8-3/8 or lower; can't bring myself to pull the trigger.

I don't understand the rally in bonds and lower US interest rates being coincident with rally in USD:DEM exchange rates ...do you ?

-Steve