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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (2201)	8/20/1998 12:15:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 44573

Just joined in. I think it may be options related to a minor extent, but more because everybody is now expecting a pop and a slide next week. Some of them may be jumping the gun here. Favors was waiting for a big pop that never happened, and he recanted later that maybe it was a mistake not to have taken an initial position any way. Most traders must have already squared their options postions or rolled them over and that is why we saw the pop earlier in the week. JMO Kiri EDIT : just look at the SPX on the hourly. It is begging to hit 1060 again. Whether it happens fast or slow is the question.