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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (15490)9/8/1998 7:13:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
I was at work as usual today and just put in a low ball bid to get these IBM puts based on my charts and option price calculator so I haven't heard the news yet.

Did the FED actually say they are going to lower the rate or is this still the Asian speech interpretation hype from this weekend? I may be in trouble if they really are going to lower the rate. I saw 125 as major resistance on IBM so put in a bid of 4 before I left for work this morning. Came home and found out I was filled but could have had 3 1/4. I hate being on the losing end right off <ggg>

I can't believe DELL up over 5 or 10%. This is insane but will sanity return by next week? Don Sew is calling for 807# to be a critical point on the TSO thread so I hope we bounce down off of it tomorrow. But wasn't Favors saying we could make 8100-8200 over the weekend?

Anyway good luck with your entry and lets hope this puppy drops hard soon ( after you reload on your puts <ggg>)

Be back after I update my charts

Lee



To: dennis michael patterson who wrote (15490)9/8/1998 7:33:00 PM
From: Chaz  Read Replies (1) | Respond to of 42787
 
Dennis

What is Favors saying? Any news of whether he expects 8600 before 7300?

Thanks

Chaz