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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: HDC who wrote (95283)	2/5/1999 3:05:00 PM
From: Jake0302	Respond to of 176387

looks like we touched 102

To: HDC who wrote (95283)	2/5/1999 3:27:00 PM
From: Spaw	Respond to of 176387

HDC: One problem with the service is that when they say sell, you don't know if it was sell to close or sell to open. I assume sell means sell to open, which is either bearish or neutral depending on the strike. Usually MMs sell out of the moneys for generating cash. If the stock washes out or declines in price at some point prior to expiry, they can close out the trade by buying back the contracts. I like seeing large blocks BOT of near term - in or slightly out - of the monies by the MMS, as that is a purely bullish indication for short term price movement. I personally expect to see Dell at 120 by the end of next week. They might even split again. Regards, --spaw--