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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (18400)	11/17/1998 4:17:00 PM
From: Tiley	Respond to of 68077

Clint, I'm now riding the beast. Wish me luck, Later, - MJ

To: Clint E. who wrote (18400)	11/17/1998 4:21:00 PM
From: Iris Shih	Read Replies (1) \| Respond to of 68077

Hi Clint, Yesterday I wrote some Nov. 105 cc on intc at the high. And bought back this morning for some lunch money. I studied intc's option open interests and thought it should close at least near 100 for this month. It got a jump from the rate cut but started selling off till the end. If it closes above 110, most of option writers would loose a bunch. Can it be possible? I might sell some again tomorrow. Option expiry should keep a lid on some strong stocks whose call OIs outnumber put OIs a lot. Lu should close between 80~85. Csco near 65. Of course I might be wrong again as usual. We might get a big rally tomorrow. Iris