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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (9332)	6/2/1998 6:38:00 PM
From: Electric	Read Replies (1) \| Respond to of 42787

Chris, I think that is a great sign, DELL closed 1/16 off the day high. It made up more than the stinky loss on Mon. Big block added a point right before close. I am with you.. unemotional trading, still options are so puffed that to get a position that moves point for point you have to jump in about 15 points in the money. This week will be key for us, I feel that if DELL races back to 90 in short order, that a put might be good, a quick move up wont be sustainable over the time that the sector seems to be weak. I wouldnt mind, I should have gotten out @ 98 but think I will get another chance before July expiry...