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


To: SE who wrote (47410)7/8/1998 2:31:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
You have to recall that when I put the trade on the 8 was crossing the 34 downwards. TCIK was mildly negative----has not done anything extreme all day----PREM was moderate. I guess I should have bailed when it stopped flat on the 55 but I was looking past that.

Actually, it did piece it and touch 69 but came right back up.

The shorter bars then tried to tell me I was incorrect by putting in higher lows and it was a matter of time before they started with higher highs so I exited. Besides, the other indicators had reversed by then....the 34 never really tilted south, the 8 tilted north and the 55 was unaffected.

And so on. So I shut down and I'm waiting for another shot.



To: SE who wrote (47410)7/8/1998 3:02:00 PM
From: stu fabian  Read Replies (1) | Respond to of 58727
 
Good call on the move! I too felt that we were going up, but didn't want to jinx your call by agreeing with you causing the market to fall through the floor!
Also Patrick still owes me a couple of kids (will not accept any damaged bodies especially hands or wrists) and a very big bridge with a toll booth. So I didn't want to nix the deal.

Stu

PS what are the chances someone will use the letter "x" twice and it has nothing to do with a stock/index symbol? (three times)