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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Thomas C (Hijacked) who wrote (23522)8/6/1998 7:24:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Tom,

Interesting bet... but that is all it is.

And it is against my religion to trade opposite the trend of the 200 day MA... although sometimes I screw up and do so.

This is NOT investment advice... but if I were going to do anything, I would wait for the bounce and buy the 115 or 120 calls.

BWDIK?

Bill



To: Thomas C (Hijacked) who wrote (23522)8/6/1998 11:08:00 PM
From: jef saunders  Respond to of 94695
 
Thomas, the time to buy dell puts was at 117.
i don't think i'd buy them here. if you want to
be daring, dell has resistance at 112. that would
be a better place. and in 2-4 days, that would
probably be better overall market timing.

true, last time dell announced earnings it didn't
beat the street enough and it dived down...but
it was also at the top of a run. it's already corrected
down to 98 the other day.

(and for bill's benefit)
BWDIK
:)
jef


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