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


To: bobby beara who wrote (5973)2/10/1999 3:20:00 PM
From: Arik T.G.  Read Replies (1) | Respond to of 99985
 
BB,

The charts of all big NDX components look like crap. Maybe the 2-3 days up correction will be sideways, but the count on the down move is complete 5 of 5. (or I counted wrong <g>)

ATG



To: bobby beara who wrote (5973)2/10/1999 4:28:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Bobby why are you not selling puts instead of buying the stock? The implied volatility is very high and even if the stock stays the same the value erodes.

Going long or selling a put is almost the same risk exposure.

BWDIK
Haim