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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 (50136)8/18/1998 10:14:00 AM
From: ViperChick Secret Agent 006.9  Respond to of 58727
 
going to buy some Sept in the money sox calls..just one or two.. today to hold for awhile...not to trade...

a little bird whispered in my ear...and it goes along with the buy on TT's system on the SOX...so I am pulling the trigger...but looking for some easing before I get in...I would like a sell off please.....

To: +IQBAL LATIF (19384 )
From: +IQBAL LATIF
Tuesday, Aug 18 1998 10:07AM ET
Reply # of 19386

Pits tell me that they will run it to 1100 and come back to 1092 to close at 1097 level-
I think I would see based on Tech run a possiblity of lot of buy stops triggering above
1104 level-- my level on Friday remains 1118 and 1080 test in between-- this market is
still not looking robust- range market one hell of a market to sell at the upper end and
buy at the lows.