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


To: NickSE who wrote (55249)10/11/1998 9:51:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 58727
 
Orbit - concur and Don, I think the top will be Tuesday as I subscribe that options expiration DOES play into this market. Not particularly the close of Friday but at least a bogus rally so they can unwind October puts written weeks ago before letting the market resume it's down slide.

My indicator still shows room for further gains in most issues without violating any downward trendlines. ( But I am ditching my remaining calls tomorrow to be sure and will be short by Friday's close unless something major happens in between to be safe )

Lee