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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: the options strategist who wrote (3319)6/1/1998 11:58:00 PM
From: Ms. X  Respond to of 34811
 
Hi Jen,
I don't know if either of these would be my favorites for short candidates. The reason is, while I think a pullback is very possible and likely, I don't see any other weakness to indicate a slide.

You MAY be able to take advantage of a pullback with deep in the money puts etc, but I think you might find others (especially in the internet arena) a little more satisfying.

These two are holding up very well in this market weakness. They keep it up, and I'll have to put them on my buy list when the market turns around.

Take care,

Jan



To: the options strategist who wrote (3319)6/2/1998 12:03:00 AM
From: Chris  Read Replies (1) | Respond to of 34811
 
jen - short hd and low?
no way. they are on weekly buys.
short those that are weekly sells.

the weaker the stock is, the better.

if shorting do TXN or RENT.