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


To: XOsDaWAY2GO who wrote (4132)6/26/1998 11:28:00 AM
From: george saintonge  Respond to of 34824
 
BARBARA..I like your idea of buying the options on the dip...I don't
have p&f on my ilx system ,just bar charts...it looks like T has support at 56 level. Be careful on paying too much for the options
at this point...I bought ATHM July 50's at 1 1/2 on weds and sold
some yesterday at 8 1/8...now at 46 1/2 they're offered at 2 1/2, the
level I bought em at 1 1/2 on wed. Some would say "the vol exploded."