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

To: donald sew who wrote (37349)3/25/1998 11:49:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
The "thing-a-ma-jig" indicator is starting to converge again, suggesting sharp motion within 20 minutes or so.

My gut says down, but I went for several contracts on the long side.



To: donald sew who wrote (37349)3/25/1998 11:57:00 AM
From: Gersh Avery  Read Replies (2) | Respond to of 58727
 
Hi David;

Today looks like a buying op for INTC puts.

If you look at the chart for INTC it may look like there is a magnet to the south side. I think cause is the conversion of INTCW. Puts an extra 80 million shares of INTC out there looking for a new home.:o)

Not a FA event, not a TA event .. just a stock event :o)

Gersh


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