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


To: ViperChick Secret Agent 006.9 who wrote (33725)1/20/1998 10:01:00 PM
From: Dwight E. Karlsen  Respond to of 58727
 
No, I'm not going to throw a dart, but it will either be puts in one or more of the stocks I follow regularly, or I may just do index puts. I haven't caught up on all the happenings today on the stocks I usually keep up on.

At the same time, on a down day a person could almost do just as well by just buying puts in any of the well known tech names. Nonetheless, I still prefer to trade stocks which I *think* I at least know the support/resistance levels; possible news coming out, etc.

DK



To: ViperChick Secret Agent 006.9 who wrote (33725)1/20/1998 11:24:00 PM
From: Electric  Read Replies (2) | Respond to of 58727
 
Lisa,

I just have a hunch that the lows of the early morning wont be the lows of the day, I am looking for a few points as people see that IBM isnt as bad off as the "hopeful" down initially indicates.

Since Don indicated that it has to be below 102 to be a class one, I am looking at near 100, and maybe go to March, but read my words, it will once again be restored to its channel. I have never entered calls before sub 100 and that might have some effect as to when I enter.

I like a 1-2 point bounce as my move, in and out clean...

E