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: George Mc Geary who wrote (32339)	1/6/1998 6:02:00 PM
From: donald sew	Respond to of 58727

George, Agree with the waiting since the news just came out and that the market could still pull back a little more. Have noticed some strength in certain indexes during today's decline, so therefore feel that this dip will not be that strong. Will keep you updated. Do not feel there will be many CLASS 1 BUYS until FEB, with the exception of the XOI and OSX. I wont touch the XOI. There will be plenty of CLASS 1 SELLS soon, as there were today. Seeya

To: George Mc Geary who wrote (32339)	1/7/1998 8:48:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

George, The OSX is only a weak CLASS 2 BUY, meaning that it could easily turnaround from here, but the downside is larger than a CLASS 1 BUY. Also the XOI is a CLASS 2 BUY. Subjectively feel that once the crude oil prices bottom out it would be a good time buy them. Just hope my CLASS BUYS coincide with the bottom of crude. Crude is down slightly again today. I saw some technical charts on crude oil and the technicals indicated that they are severely oversold. We are close to the bottom of crude. I am not saying that once the bottom of crude is established that the OSX will zoom, but that the downside pressures will be minimized, and that the OSX should move up. Of course if the earnings are good thats will increase the upside bias. Seeya