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


To: donald sew who wrote (52736)9/15/1998 7:29:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 58727
 
Yes!!!!!!!!!!!!!!!! Reality counts. It just has to count by friday.



To: donald sew who wrote (52736)9/15/1998 7:40:00 PM
From: robnhood  Respond to of 58727
 
<<<
I have heard on many occassions and for a long time that alot of times the arbitrage
during expiration week are handled earlier and sometimes in the previous week, so
sometimes arbitrage during expiration week may be reduced.>>>



Don,,, the last few days have seen nothing but large buy on close imbalances in NY... I have a feeling that a lot of them are related to and quite possibly are the unwinding of witch food.

russell



To: donald sew who wrote (52736)9/15/1998 8:04:00 PM
From: HairBall  Respond to of 58727
 
Donald: Just to go on record. I have the resistance areas for the Flag formations (which I still believe are intact) for Wednesday 9/16 as:

DOW - 8195
SPX - 1045

Breakouts (more than a violation) tomorrow above these areas would invalidate the formation and portend a significant move to the upside!

If these areas continue to hold, the market should reverse soon and move down to re-test the lower trend line of the flag formations!

My technicals have this rally as a bear rally, for now!

NOTE: The Dolly Parton formation "busted" out like a silicon job gone bad! Suspect S/MMs shorting into the rise at the close and should pullback to cover and accumulate tomorrow, again!

EDIT: My very short term buy signals still engaged and moving toward a short term buy. Dow Transports and Utilities close above their respective long term moving trading channels. Dow Industrials, NYA, NASDAQ Comp, SPX closed in the upper half of their respective moving trading channels. This could become bullish!

BWDIK
Regards,
LG