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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cents who wrote (131)	12/3/1998 11:34:00 AM
From: Haim R. Branisteanu	Respond to of 99985

Observatio and warning during the latest run-up in stocks the effect of the SOS traders with more institutional market makers can be quite dangerous. As an example it today Smashing of PIXR after the down grade on the negative side and the run-up or short squize in LU, just because a nice slide show and more BS in Arizona. I have no position in either stock but I think it was quite fascinating to see LU running from $85 5/8 up to over $90, only as a result of a nice slide show. With Brazil devaluation looming and LU going to be heavely invested there the reaction should had been opposite.(stock down) As a trading opportunity LU is now prime to short with a limit at $91 1/2. Now I do not think that I am the only one with this observation, and be carefull as it may backfire. Would suggest to buy the DEC 90 puts and sell the DEC 85 Puts. Or buy the Dec 95 calls and sell the Dec 85 calls CSCO had a similar in "sympaty" type of move BWDIK Haim