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


To: Front Beach who wrote (808)1/7/1998 8:08:00 PM
From: Porter Davis  Read Replies (1) | Respond to of 1598
 
Options update for 7 Jan...Sad, sad, sad...

Well, as if getting spanked by the market wasn't enough, now the Stones cancel on me. I know they'll play a make-up, but the sun and the stars and the moon were all in perfect alignment for me, and this is not some 60's bullshit. Let's leave it at I had a once in a lifetime opportunity and it's *slipping away*.

Whatever. I said earlier that the wise-guys would try to rally the market above Dec 31 levels, and the close today seems to bear that out. I expect a big rally tommorrow and Friday to make it happen. Too late and too tired to give specific comments, but interesting trades the last two days in my stocks. Big put buy in BCE yesterday (closing) and big put buying in Inco today (opening). Ballard put on the move I thought might happen yesterday, and only gave up a little today. I'm beginning to believe the hype that it might see $200. Hope the sucker splits soon. ABX-- decent dead-cat bounce, but I look for lower levels soon. Inco is a piece of shit and should only be touched by coroners.

No Stones.

No fun.

I'm not getting any younger.

Happy trading.

Porter

Looking at coroners, it doesn't look right. How do you spell it?