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To: Candle stick who wrote (4721)5/26/1998 7:57:00 PM
From: Oeconomicus  Respond to of 164684
 
CS and Doug, besides its "darling" status, don't forget the history of bear traps. Many shorts may be eager to jump on a rare opportunity to take profits or may just be nervous about being burned again and cover at the first signs of any support. Like you said, Candle, a 15-20 point down day would have to be event driven.

Bob



To: Candle stick who wrote (4721)5/27/1998 2:35:00 AM
From: Skeeter Bug  Respond to of 164684
 
didn't get my limit order on those oct 70 puts. will wait for a bounce or find new easy fodder to play...