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To: IceShark who wrote (19997)2/17/1999 9:48:00 AM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
<<What the heck is going on here? >> For one, too many bears are celebrating. There was hardly a dent in the profits dipsters made in the last few years. So, I expected a rebound after initial collapse - but there is no collapse.

And then there is this perspiration day approaching. If the big-houses sold a lot fo puts, they have to use all the tricks in the book to prop the markets. I guess, they could care less if the call buyers make money as they likely have sold them covered. Just a hunch - no facts to back it on.



To: IceShark who wrote (19997)2/17/1999 9:56:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Yeah, I screwed up my order on rolling down some CDWC puts -- dip on that one was real good, but it lasted all of 3 minutes!! I'm not giving my puts away to those guys ... I'm waiting for the panic ...



To: IceShark who wrote (19997)2/17/1999 10:54:00 AM
From: re3  Read Replies (2) | Respond to of 86076
 
It was one thing to throw Asia, Russia, Brazil, LTCM at the market, but Dell, Dell ?

I really thought THAT would be it...

Dunno what to say from here...

Do we buy March puts on Friday ?

Howard



To: IceShark who wrote (19997)2/17/1999 11:44:00 AM
From: MythMan  Read Replies (2) | Respond to of 86076
 
there is a reason they have piece of sh*t status.....