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


To: donald sew who wrote (52838)9/16/1998 1:19:00 PM
From: Trey McAtee  Respond to of 58727
 
don--

no problem...as soon as rubin went on i pulled the trigger on oct puts.

the odd thing is, i wanted to buy them when the dow was +55, but the b/a had actually INCREASED from when i looked at it this morning at -15.

very interesting day so far.

good luck to all,
trey



To: donald sew who wrote (52838)9/16/1998 2:54:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 58727
 
Don and all..

Did some checking and discovered that the p&f'ers NYBP indicator gave a sell signal on May 13 when the Dow was about 9100.It took 2 months for the Dow to reach it's high at around 9300.Thus,the Dow could do the reverse now and give a reversal signal up but still go down as has been proven....Others may know this but I needed to check it out..fwiw...

B



To: donald sew who wrote (52838)9/16/1998 2:57:00 PM
From: steve susko  Read Replies (1) | Respond to of 58727
 
Did you see the drop at 1pm? Like a rock - worse in Brazil; from +8% to -4%.