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

To: ratan lal who wrote (49689)8/11/1998 3:08:00 PM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Ratan,

The TICK is now in positive territory in the +200 range and the DOW is still down 170 points. They are going to need many more buy programs to maintain this intraday rally. It does not look good.

A few sell programs could push the market easily back to todays lows or lower



To: ratan lal who wrote (49689)8/11/1998 5:06:00 PM
From: Jenna  Respond to of 58727
 
Donald.. I agree, because the call was in the back of my mind this morning I was able to make a nice play on the OEX 540 puts.. I'll keep lurking.. Next time anyone asks me about my strategies, software, etc. I'll tell them to read this thread as a prerequisite for trading in the morning.


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