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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (3095)2/16/1999 12:58:00 PM
From: Soumen Barua  Read Replies (1) | Respond to of 39683
 
If Dell report good earnings (which they usually do) it will be all right. However, if they miss the numbers (whisper?) then it will be a problem. However, I don't see it. I still think Techs are in a rebound mode and therefore, despite Dell's number (a great company and I wish I bought and HELD some LEAPS some time ago and not worry about market volatility) market will do okay for a while. But what do I know? Good luck.
PS: MM usually take the high premiums after the earnings are out and therefore if DELL doesn't move up big way tomorrow calls may still go down a little. It's just a game MMs play with the investors (gamblers?).



To: Caroline who wrote (3095)2/16/1999 4:37:00 PM
From: Ken Adams  Read Replies (2) | Respond to of 39683
 
CB,

Hope you didn't get crushed with your 110 call on DELL. May I ask why you bot so far out of the money with so little time? Not being a smart *ss, just curious about your strategy.

Ken