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.

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

To: donald sew who wrote (35438)	2/24/1998 9:32:00 AM
From: ViperChick Secret Agent 006.9	Respond to of 58727

Don... watch oil plays today... maria B was pounding the table this morning...

To: donald sew who wrote (35438)	2/24/1998 9:52:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 58727

Donald, regarding the osx, the price of crude has been making lower lows and the osx index has not. In fact, I believe oil was about a couple buckshigher last month when the osx dipped below 90. I feel this divergence could be significant and indicate the index is starting to decouple from the price of crude. Also, when crude dropped an additional $.40 yesterday afternoon, the osx held steady. Perhaps another indication.

To: donald sew who wrote (35438)	2/24/1998 12:41:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

This zig-zag worked for me, in the oddest sense. I was short contracts early, covered half for a gain, put in a stop near where I sold them. Then as the market rallied I covered the short. But the market moved so fast I was taken long before I could cancel the stop order. Weird, I accidentally made money both ways without trying to. How often does that happen? I think God is telling me to take the afternoon off, even though I sense the lows are not in for today yet. If you are looking for the end of the week to give you an entry on the long side it would be nice if it started getting weak this afternoon, no? Then of course we have the eclipse coming up. If we can foul up market theory with a Full Moon imagine what we can do with a Solar Eclipse!!