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


To: j g cordes who wrote (33838)1/22/1998 11:41:00 AM
From: donald sew  Respond to of 58727
 
Jim,

Thanks, I saw that also.

When there is apparent news, I normally stay away. As I always have said fundamentals/news over-ride the technicals.

Now if MSFT runs up, lets say into the 140-145 range, the technicals will be extremely overbought, more than they are now, and the news will get old and lose some impact, and the technicals will come back into normal play. Then I may consider playing PUTS in light of the technicals being so high.

Seeya