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

To: Electric who wrote (37850)	3/31/1998 9:59:00 AM
From: Patrick Slevin	Respond to of 58727

Hank has the day as a complete coin flip. I'm on my own. Looks as if it shall be choppy until 2 ET....then bounce all over the place. If the news is good it should bounce and meet strong selling and then retreat and bounce into the close. If the news is bad it should selloff. Of course, these days even bad news is somehow perceived as good, in some way. I'm trying to get short....either in the next 15 minutes or just before lunch. Then get out around 1 ET and wait with a trailing sell stop. A day like this is harder to trade than it looks. Also, a point in an option equals $100, because you are controlling 100 shares.