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


To: ViperChick Secret Agent 006.9 who wrote (48711)7/28/1998 1:02:00 PM
From: Nemer  Read Replies (1) | Respond to of 58727
 
---->but using your scenario you would be long since according to my quotes we went to 113 3/4

is that correct?


that would be correct ---
entry at 112 3/4 with stop set at 110 1/4
but I wouldn't have gone into the trade in the face of the rapidly dropping market.....

and as an addtional look at the strategy post will show why the ploy works better with a mid to late day entry .....