Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (41024)	4/23/1998 3:03:00 PM
From: Nemer	Read Replies (2) \| Respond to of 58727

agreement on the bounce and the second little one also. as I said earlier today, I don't know what to make of the strange type signals from BB ..... seems that in the past, when there was a large divergence between the NAZ and the DJIA the signals had the least accuracy and I going to suppose that some of the parameters have been changed in the forecast program......... my bud is not available this afternoon, so I can't ask him however the point that was sent was 1120 ( among the others 1123...1125....1125....1128 ) so we'll see shortly ......pun intended..... at bond close SPX trading right at 1121

To: Patrick Slevin who wrote (41024)	4/23/1998 3:04:00 PM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 58727

Gotta love this. The MSH fell so fast that the low for the day so far for the May 570 puts today was higher than I paid on Tuesday. I was so sure the techs would fall today that I slept in. I would have been truly shocked if techs were up again today. MSFT has reported, so what else is there for an excuse for which to run up stocks? There isn't any.

To: Patrick Slevin who wrote (41024)	4/23/1998 3:32:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Patrick, The KEY so far today is the blow-off top in just the NAZ. Its down 30 points right now. If we get a intraday rally tomorrow it should be sold into. Using the 5:1 ratio, the NAZ is down about 155 DOW points. I ahve to admit that the runup in the NAZ earlier this week had me confused, but with today's action it is really showing weakness. I now feel that any attempt on buying on thhe dip will be fruitless. Also the interest rates are almost at 6%, so a put play on the BANKS may also be reasonable. Seeya