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: j g cordes who wrote (41922)	4/30/1998 9:27:00 AM
From: SE	Read Replies (1) \| Respond to of 58727

OK Folks....I am at a loss here. First off, my plan was to dump the puts on a 10 am to 12 am, or so, decline from this early am rally we are about to see and then go long thinking that the ECI numbers will push us up to 9,200 or better on the DOW. There has been too much bear talk and this thing shall go higher and suck all the bears in till there are few left. Now, thinking about that, the ECI numbers may be enough to end what is left of the bears. Therefore the market will so kindly oblige us by being up this am, sucking in all remaining bears and then tank very shortly. In which case we sit and wait. Damn....it sure is hard to figure market sentiment, but this may be the last gasp..... I guess the best read I can come up with is short the rally, expect that perhaps the next day or two will be up slightly as the last of the bulls buy in and then Monday may be a "black" Monday. Comments????? -Scott