Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (14153)	8/6/1998 6:14:00 PM
From: nycnpbbkr	Read Replies (1) \| Respond to of 42787

The market is where it should be now, it will do nothing till after August expiration at the earliest. I said the market would be up or down 10 points today. I right for 80% of the day but off by 20 dow points at the close. As far as investing goes it was a correct call. I said the only good trade would be a strangle. Look at the closing prices of both oex puts & calls. They both were down. The buyers of these stocks and options over the last week were the big boys, the big boys usually win so the market won't fall again(if it does) till they sell their stock to someone else. In the mean time they will let the over-inflated options they sold implode so they can capture air(or take in time premium).