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


To: Clint E. who wrote (17096)7/15/1998 3:16:00 PM
From: space cadet  Read Replies (1) | Respond to of 69358
 
Clint, how's it going? I made more money off msft than anything else in my life, including any job I've had. I sold my Jul calls but I still have a few Aug calls hanging around. Do you have any short term predictions for msft on what it will do on Friday and where it will end up for Aug expiration? I'm feeling like it may still make a run at 125, but I admit after the tremendous run it's already made, it's questionable. I wish I had grabbed some Dell calls, but they were pretty expensive and I missed them. After these earnings games I'm playing now, I'm planning on getting into some cheap fallen tech stocks for a slow comeback, probably some time in Oct after the fall correction I see coming. I think this intel rally is suspicious and I see some good shorts starting to line up, the same way we saw this great summer rally starting to appear several weeks ago.
I hope the summer's been good to you also.