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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (16304)6/3/1998 2:39:00 PM
From: j g cordes  Read Replies (1) | Respond to of 69046
 
Harry I'm not worried about the stock position, just the 30 July calls which I got at 1 5/8th... this selling is spooking people's positions in the stock. July is pretty far away and some deal over the next two weeks could change the chart to the upside.. or this could be a selling on the news which is happening to a number of companies. Also I'm not used to holding through news, now I remember why. <g>



To: Johnny Canuck who wrote (16304)6/3/1998 2:42:00 PM
From: Judy  Read Replies (1) | Respond to of 69046
 
Harry, I just posted about the same thing to Jim.

TLAB, now we know what the volatility was all about two weeks ago. Extreme stock action says something is cooking, even if we don't know what it is. I said that TLAB and CSCO were the best networking values now, but with the CIEN purchase, TLAB may drift lower and be dead money for 6 months or more. Is TLAB on your investment list?



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