Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (19857)	6/5/1998 3:38:00 PM
From: Byram	Respond to of 94695

David..... I hope your wrong (about the alternate count) Still short...In a decent (small loss position) Gonna sit...got 2 weeks til expiration... Did good on the calls from yesterday..shorted at 100 Dow pts today sold calls at 130.. Felling a little like a fool today......145 now....oh welllllllllllll! Byram

To: Bull RidaH who wrote (19857)	6/5/1998 4:12:00 PM
From: Gersh Avery	Respond to of 94695

Well David .. This market today was a real fooler for me. Fed drained liquidity, which should have caused the market to drop. I've been watching the nice rounded pattern in the S&P. Looks like a nice top. The only thing that I can figure is that we are seeing an inflow of Japanese money into our market. That would have overcame the Fed draining. If this is where the run came from today then we are in for a real ride up .. What was that number .. 10,330? Gersh