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.

Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (8391)	10/16/1998 10:42:00 AM
From: Larry Brew	Read Replies (3) \| Respond to of 10786

KG4, << my view of today >> This stock may have significant straddle positions. (betting on a large move in either direction) If it shoots low, you get out of the long and ride the profits down. Same concept the other way. With that I suggest (guess) the long positions are being sold off to drive down the value as much as possible before the short covering begins, driving the stock back up. It this scenario is incorrect would a better trader than I explain the concepts of straddle. Since I've never played that game, there's a strong chance my thinking is in error. Clinton on tv again. Can anyone ever remember a day he didn't show his face. He must tape these events to kick back and watch in his rocking chair days. I can hear him now. "Damn, I had nice hair back then". <ggg> hmmm, should have taped myself!!! Larry