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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 (44231)6/1/1998 12:18:00 PM
From: SE  Respond to of 58727
 
On Friday, I KNEW the market would tank on Monday. In fact all weekend it seemed as if everyone thought it would tank. INTC, War etc....

Should have known it was not going to tank. However now everyone (including me emotionally) is thinking this is going higher. INTC, no big deal etc etc....

Hmmm....seems like a set-up for a down-cycle. Might be a touch early this afternoon, but I think within the next couple of days. There is not much buying power out there and what little there is will be used up today and maybe tomorrow.

Soon enough, all puts will be worthwhile....

-Scott



To: ViperChick Secret Agent 006.9 who wrote (44231)6/1/1998 12:21:00 PM
From: ratan lal  Respond to of 58727
 
I see a minor resist. on the SP8M at 1104 (1100 now) and a major resist. at 1007.