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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: SE who wrote (47192)7/1/1998 11:58:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Scott,

>>>>> Hardly a soul be that is talking short any longer. All I see is summer rally, new highs, busting out at the gate, upcrash.....
Makes me wonder.... <<<<<<

I wonder what the PUT to CALL ratio is.

I was looking at some shart of individual stocks like CSCO and internet stocks, and I just wonder what a blow-off top looks like. If these are not blow-off tops, it will just amaze me that it could be that much more intense.

Hardly anyone is calling for a selloff now. Well, my short-term technicals are now severely overbought and definitely a CLASS 1 sell to obtain at the highs tomorrow. Will I play puts on them - probably not since this rally, for the short-term appears to be somewhat manic.

And, yes - I also wonder.

Seeya