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To: DavidG who wrote (31928)4/9/1998 1:40:00 PM
From: Wayners  Respond to of 53903
 
They got me to at least put my finger on the trigger to bail on those puts. Didn't do it though because I didn't see a lot of volume pinging at the ask. Price has dropped back under $28 again at $27 13/16 x $27 7/8. Big blocks now at the $27 7/8 ask.



To: DavidG who wrote (31928)4/9/1998 1:52:00 PM
From: Patrick Koehler  Read Replies (2) | Respond to of 53903
 
David, these guys wouldn't pop it up to wake up the shorts, then feed them the stock, now would they? <g>
It got my attention because it won't take much to start a short covering run, but then the blocks on the ask side started pushing it down. Then I think, should I buy puts, but then, I rethink what these guys may be doing, and think that I will wait until Monday.
Now, tell me how Ascend will affect the techs for Monday?
Patrick