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

To: donald sew who wrote (34442)1/29/1998 4:34:00 PM
From: vegetarian  Read Replies (1) | Respond to of 58727
 
>>Now, not to be argumentive, do you think that we will have a blow-out session, and if you do - why?<<

Don, thanks for the response; no I don't think we will have a blow-out session but I was afraid we may have a blow-out session based on how Greenspan was talking today and market's reaction to his comments.
Heck, I am bearish and net short on this market.
I used this rally to box my long positions; just in case we don't make it here on the next one.;-)



To: donald sew who wrote (34442)1/29/1998 4:40:00 PM
From: Rick C.  Respond to of 58727
 
Don~That BKX certainly doesn't look like an index for the faint-hearted. What's the liquidity like, and does it generally move enough to make a decent return for the investment required??

Your indicators are very convincing. This should be a nice test next two days. I took poor man's way out and got the DJXNC's at 2 1/8. Maybe we'll see some solid profit-taking continue tomorrow. Can't see how many would want to hold much over the weekend.

Rick


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