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

To: TradeOfTheDay who wrote (56465)	10/27/1998 11:29:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

just be careful of a retreat the options i bought for the dell heads at thursdays close were at 3 7/8 and they went over 8 today..that is over 100% return in 3 days IF you had sold....you arent going to get that in Dell stock BUT you also could lose it all ...and you cant get that in dell stock either personally I hope it tanks like a dog from here so that people who havent played options before can see what can happen to you in the options game.....some of them dont understand that dell can go up but you may lose your ass in options..and you certainly can lose that 100% gain pretty darn quick..let a rumor go around about Kumar again and Dell can tank 10% in two hours...but I hope you make some money in your pocket before then ;-)

To: TradeOfTheDay who wrote (56465)	10/27/1998 2:41:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

To: +dennis michael patterson (9080 ) From: +P&F-Madness Tuesday, Oct 27 1998 10:00AM ET Reply # of 9113 Hi Dennis. I see Wizzie answered your question to Nordby's analysis on Dell. ...Point & Figure: Reversed to the downside on Oct 20, 1998. A P&F upside reversal takes place at $58 1/2. Summary: Technical indicators have turned bearish. SELL! DELL COMPUTER CORP (DELL-Nasdaq) @ $52 1/2 Stop. Use a protective stop of $55 1/2. I had a good exchange with Lisa on the subject of Dell when the RS first reversed into O's. She was asking if the reversal in the RS was a commanding sell signal and if one should immediately exit Dell. The analysis isn't that easy. When the market is in such good position as it is now you can take a little more risk in your charts provided FA etc is still there. Dell reversed negative on the RS indicating it would start to under perform the market. For example. Under performing in a market going up 20% and the stock only moving up 10% is much better than a market going down 20% and the stock under performing the market by moving down 30%. Does that make sense? With Dell not giving any hint of a sell signal on its trend chart I recommended a hold at that time unless it broke down on its chart and then hedge. I didn't recommend a sell. If the market were in Bear Alert instead of Bull Confirmed and moving south like last May, my opinion and analysis would have been different, but it isn't. Currently Dell has given a buy signal and the RS is improving nicely. If Dell keeps this up the RS is sure to flip positive again. Short lived this one I think (reversal down that is). I think (this is just my opinion) Nordby took the RS turning negative as an absolute without taking into consideration market, sector and trend position. Dell can be bought on pullbacks. I think Wizzie set the parameters. I hope that helped Dennis. Take care, Jan I am Next Previous +wizzards wine (9098 ) From: +P&F-Madness Tuesday, Oct 27 1998 10:17AM ET Reply # of 9113 Tom Dorsey on the net.. Maybe, I don't know. I can't verify since I'm still Macin' it over here. But and email from the Canadian show as thus... The interviews are posted now! You will have to use the Microsoft media player to view the interviews. cybertv.to