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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: TradeOfTheDay who wrote (6317)	10/14/1998 10:03:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

One other thing on OEX Expiration I just took a moment to glance at McMillan's report. He is of the opinion that if OEX is running below 480 going into the close Sell Programs are possible...above 500 then Buy Programs. As usual, if you or your team are captured or killed the Secretary will disavow any knowledge. Good Luck, Ms Phelps.

To: TradeOfTheDay who wrote (6317)	10/14/1998 10:10:00 AM
From: Tom Trader	Respond to of 44573

Looks like the BKX is breaking down again I just got a sell signal on it and unless we see some recovery we could see weakness in the overall market and certainly limited upside. Also, as Don, said the fact that it is options expiration week, causes anomalies. Re PVN, I just looked at the earnings information and I agree with you that it does look fishy. I may short the stock today if it looks like it cannot close above its 200dma or if it reacts negatively after the conference call.