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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (70935)10/9/1998 8:58:00 AM
From: Joe Sabatini  Read Replies (5) | Respond to of 176387
 
>>we should pop at the open and then go STRAIGHT down

Well, that seems to be the trend. There's absolutely no reason to believe that today will be any different. People are selling into rallies these days. The investment climate is very different now. There's too much fear. If someone bought yesterday and this morning they are up a few points, they are most likely going to sell. Rather than risk further downside, why not take a 5% profit now and sleep better tonight?

Joe S.



To: Lucretius who wrote (70935)10/9/1998 9:05:00 AM
From: Joseph Francis Torti  Read Replies (1) | Respond to of 176387
 
yeah my thinking too. Will be getting November 52.5 or 55 covered calls I still think this will see at least $60.00 one more time. Well we didn't hear Phiefher (say we're doing great).



To: Lucretius who wrote (70935)10/9/1998 9:27:00 AM
From: Zeem  Read Replies (1) | Respond to of 176387
 
LT - What? Huh? What are you mumbling about? I've lurked your posts for a long and you have never been right before! What makes you feel you'll be right now? I mean even if you study the laws of random chance, which state that a coin of two sides over time will attain heads 50% of the time and tails the other, you have always been 180 out! I start to get worried when we don't here from you because we usually get a correction. Then low and behold you come out and we regain our losses. I have never seen a man who was so completely 180 off the market! I mean it's up or down, there's not that many variables there. Actually I like your posts because it adds to the forum. But, it bothers me that the more impressionable (new) members might follow your advice to certain doom (shorting Dell). Since
you started showing up a couple of days ago I used the LT (LUcretin Taurus) Index and bought 50 contracts of dell jan 70 calls about 30 Grand. Yesterday I bought 30 more as a hedge. I believe the LT Index to be fully accurate enough to risk 55 Grand.

Keep up the good work, we need you!

Cheers