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


To: the options strategist who wrote (49862)8/14/1998 10:07:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Lisa, dibbled in aapl wed using the gap theory. Forgot I was to wait for an uptick
from the previous day's high and was filled on the day's high.


Jen,
haven't checked AAPL's action on Wednesday
but your strategy is incorrect on its face

Listen I have to read those rules from Scott EVERY TIME I think about it as this point because I can't remember them for some reason.

but on the conservative gap one

it has to open greater than yesterday high and then you set a stop equal to two ticks about the high of the first hour to hour and half or whatever you chose for the time frame
remember that Scott said..that the more techie it was the longer he liked to wait (I think he also added to that statement...the more volume that it has, as well...but cant find that note to me at the moment)

So if you have time...can you post about what would have happened using the above strategy.

Glad you are posting the ones that don't work because of whatever reason...helps learn all of this...

o: +lisa (49861 )
From: +Dwight E. Karlsen
Thursday, Aug 13 1998 11:52PM ET
Reply # of 49875

btw: 106 new TSO posts since late last night. lot o' talkin' goin' on. Yesterday there
wasn't near that many new posts. I think it's your fault lisa; you were gone for several
days and now you're back and the thread msg count skyrockets...:-)

-----------------------

why Dwight honey.....

didnt you know that you would see some action on TSO when I came back from my virtual trip to historical germany.....

and just wait until Patrick gets back...hope he meets with Speedy so I can find out more about my hero, The Blue Eyed Devil Wild Irish Cant Stand Burritos Spoos Trader

Your Lil Ole Granny who can't spell worth a &^%$, but does know that Gestapo is spelled with a "G" Spice Girl

ps
in that post to Don it was suppose to say tweezer bottom..not top...and that shows that not only can I not spell..but I forget what I am trying to say....