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


To: joe smith who wrote (42936)5/11/1998 12:48:00 PM
From: David Weis  Respond to of 58727
 
hey Joe --- I'll be interested to hear Chris's read on the stock....

if you already own the stock, writing a covered call MIGHT make some cents.......




To: joe smith who wrote (42936)5/11/1998 12:48:00 PM
From: Chris  Read Replies (1) | Respond to of 58727
 
in Technical analysis, I would see neg. money flow w/ rocketing prices, there is a term called DIVERGENCE. that would mean, even though dell is rocketing, it's weakening internally.. the smart money is leaving, while the "dumb money" (avg/novice investor) is just getting in.

that's all my opinion <G>



To: joe smith who wrote (42936)5/11/1998 12:50:00 PM
From: Chris  Read Replies (1) | Respond to of 58727
 
as a trader, it's just a mere "warning signal" in mind. just follow your planned out exit as usual..

just a signal to proceed with caution.. that's all. definitely, wouldn't trade on the sole signal.. <g>
take care



To: joe smith who wrote (42936)5/11/1998 12:57:00 PM
From: ratan lal  Read Replies (1) | Respond to of 58727
 
joe

how do you find out block flow ? and how do you know its -ve. Isnt the block sale by one also a block purchase by another ??

Is it -ve because it occurred at the bid ? how do you find that out ?

Thanks

ratan



To: joe smith who wrote (42936)5/11/1998 1:05:00 PM
From: Chris  Respond to of 58727
 
i wouldn't short dell ... but i will be reducing my position prior to earnings <g> (one of my trading rules)