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 : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jim Goodman who wrote (624)	1/22/1999 5:34:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 660

to all: I love it....the moment Acampora and Biggs "began to get cautious" on Internets, was the moment they made S.T. bottoms, and when my NL "sold assumed long puts bought near recent highs", as many Internets already fell to their 50--or--200 day MA's, as S.T. support !!!! the "PSYCLE sm" pattern never changes....anyway, my Newsletter "sold" puts on BCST, EBAY, SEEK, and others, etc., early Fri., big gains, but had one, quick, small loss, in XCIT....but AOL, others, must still follow-through on the downside....we shall see... FYI, we also caught nice puts in the NL, in extended Drugs, Utilities, Techs, Financials, Consumers, stocks, etc., recently....always trying to teach people how to do this...keep in touch,

To: Jim Goodman who wrote (624)	2/3/1999 5:07:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 660

to all: added more Internets as "PSYCLE sm" puttables/shortables, in my last 2 recent Newsletters, EBAY 312, LCOS 144, NSOL 240+, JBL 73, XMCM 59-, ASND 87+, ATHM 129, VRSN 85+, GNET @ 120, SEEK @ 80+, DCLK @ 110, MSPG @ 110, etc., just FYI....close stops, as always....so far, so good....but already covered EBAY early Wed., am also getting more bearish on other extended, semi-parabloic stocks here, as historic market internals/sentiment indicators worsening, even for the strong ones....best wishes to all,