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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (54687)	10/4/1998 8:06:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 58727

>>> Subjectively, the news from the economic meetings could give a temporary push to the market, but how long will that last <<< I have been reading the news from the meetings. There doesn't appear to be a lot of good news. The Europeans (esp. France and Germany) don't seem inclined to do anything.

To: donald sew who wrote (54687)	10/4/1998 8:59:00 AM
From: Gersh Avery	Read Replies (2) \| Respond to of 58727

Hi Donald Re:"Also, I heard that many will be getting their 401K monthly reports next week." Not monthly .. quarterly. This is where they see what happened to their retirement plans between 7/1 and 9/30. Wake up call .. Gersh

To: donald sew who wrote (54687)	10/4/1998 9:30:00 AM
From: HairBall	Read Replies (1) \| Respond to of 58727

donald: Since the price top in July, the moves down have been, three successive bear flags. (Within some of the flags one can point out bear pennants and wedges.) In each case the bear flags have oscillated back up to the horizontal trend line of the lows of the previous flag. This has proven to be final resistance to the rising bear flag patterns. Thus, culminating with the resolution of the bear flag pattern and the expected break to the down side. Note: If this pattern continues, that would portend a drop to approximately 6500 to extend the pole and begin the next flag. Charting: (Dow Industrials End of Day Semi-Log Chart with Theoretical Data.) BWDIK Regards, LG

To: donald sew who wrote (54687)	10/4/1998 9:31:00 AM
From: Robert Rose	Read Replies (1) \| Respond to of 58727

Brilliant post, Donald. I have lurked here now for over a year - I read this thread because you contribute to it, and yours are the only posts here that I consistently read. Hows that for complements! One question I have often wondered about: Why do you only initiate puts and never calls? Your strategy is more understandable in this bear market, but even in the very bull phase from Jan - Mar 1998, you often chose to refrain from writing puts rather than choose to write calls when that would have been quite profitable. Thanks again for your hard work and generosity in contributing to this thread. Robert Rose