SI
SI
discoversearch

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: Patrick Slevin who wrote (38758)4/9/1998 11:23:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Patrick,

For the time being, it doesn't look good for my MSH PUTs, since the DOW is plowing ahead quite strongly and right now up 82. But I noticed something - the the NAZ was up 14 earlier and now is is only up 9 as the DOW moves up strongly.

As I indicated earlier if the market overall, per the criteria stated previously then that would be an indication that this pullback should be over, but still needs confirmation on MONDAY. I would consider a short-term trend to be over if it breaks a trend for at least 2 days, one day is not enough.

I am in agreement with you - Im getting the feeling that we should see some selling soon. Shoot the DOW up now 94, but the NAZ is climbing at a slower pace.

Im getting itchy to short the DOW .