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


To: Debra Orlow who wrote (51792)9/8/1998 11:11:00 AM
From: Philipp  Read Replies (1) | Respond to of 58727
 
Hi Debra:

I show Wednesday's high @ ~ 7910. Is my data wrong?

I just read it off the quote.com chart on which it seems to have reached 7950 twice. The charts are sometimes wrong (when the market moves too fast). In this case, I wouldn't think so.

It bounced of 7950 once so far today. But I would expect another retest and wait for that before buying puts (unless you are very short of puts and are really convinced that this is the top of this rally).

Regards,

Phil