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

To: Barbara Barry who wrote (40233)	4/17/1998 3:34:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

just keep the straight jacket on babe, you will get your turn once the trend is established.... its coming...its coming...its coming.... although you might have to have your guardian place your trade for you... anyone playing the internet stocks better watch what they do to the options... this time around it worked it my favor..but what they do with the premium is WILD

To: Barbara Barry who wrote (40233)	4/17/1998 3:40:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

Hi Barbara >>The masses are buying the May calls today and very few put buyers.Today's action is the most bearish as a contrarian indicator i have seen in a while<< I would not view one days ratio as a strong indicator -- would look for a trend that lasts several days. >>Are your signals still that strong as I don't know if today might be the day or Mon to initiate May puts<< My system does not "grade" signals that are generated -- it is either a "buy" or a "sell". I personally would not buy index puts --for my own account--when I am on a buy signal. If anything, I would short puts or buy calls. I would suggest that you may want to use someone else's system as a timing mechanism for when to buy puts. Obviously,it would be a shorter term system than mine is. Regards