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


To: Darth Trader who wrote (36184)3/6/1998 12:43:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
now now Darth..HOW DO YOU KNOW THAT?????????

and we have had plenty of dip buyer mentality in the past couple of months and it sent the market to new highs!

btw, you selling into strength?????

you can lead a horse to water but you cant make him drink!!!

Speedy got me to drink yesterday...well sort of...Do I need to shove your head in the water too? ROFL...



To: Darth Trader who wrote (36184)3/6/1998 3:05:00 PM
From: Kevin  Read Replies (1) | Respond to of 58727
 
>>>short covering and dip buyers only <<<

I agree DT. The Big Boys are taking little part in this rally IMO.
When the SPX runs 18 points, I usually see positive block money flow of at least $800 million for the SPX, but usually closer to $2 billion.

Today, we're negative $336 million so far.

Based on this and my reads from earlier this week, I just picked up OEX April 500 puts @ $11. I'll hold my breath and see what happens.

See ya!