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


To: ViperChick Secret Agent 006.9 who wrote (40863)4/22/1998 4:46:00 PM
From: Electric  Read Replies (2) | Respond to of 58727
 
Lisa,

I seriously thought it might break trend after today..

But the damn thing doesnt want to.. So who cares what happened intra-day right??

It still is in the trend until it closes above 120...

Last hour looked like a DELL nose dive of a while ago...

I would love to see 110.. then I am outtie...

PFE could be very nice tomorrow.. easy profit taking today, poor Chris thinks it was him.. I am the only one here that has the right to think of himself as a bad roller.. :^}

I saw you got into it on the SEEK thread, what was the jist of that? And what was the talk of a spike??

TAA...



To: ViperChick Secret Agent 006.9 who wrote (40863)4/23/1998 8:41:00 AM
From: Kevin  Respond to of 58727
 
>>>Hey Kevin see you were working hard today and didnt come out to play...BUT can we have a MF read (well and all your other little secret tricks) on IBM.....obviously the tape didnt look too good

this stock shouldnt have been 120......NFW

so lets see if we can get the sucker back down to more than Jim's 113 for Electric...well for me to 'cause I want to play...<<<

Hi Lisa. IBM has had very strong block MF. In fact it could test $120 again today. I'm not saying the stock is worth $120 (fundamentally), but there's alot of support on this run up. Because of this I think any selloff will be short-lived...just like the SPX.

Like I said to Electric last week, it's just not a good time to try to play the downside of IBM. High risk / low percentage play IMO.