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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Jack Clarke who wrote (13065)	1/13/1998 10:00:00 PM
From: Simon	Respond to of 18056

Jack: <<this mania has sure overcome my powers of reasoning>> Today was the strangest thing I've seen in a while. The world is falling apart, but 1/2 the Nasdaq stock U ever heard of were up $ 2.- This thing is going to take a slump in 2/3 days. A lot of option activity takes place 2/3 days before option day in the last yr or so. They moved the S&P expiration to thursday to help aleviate friday volatility. But God knows what could happen friday. The whole thing is goooooooofy. I'm going to break tradition and buy some puts maybe at close friday, or as the chart indicates,which ever comes first.