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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Glenn who wrote (27823)4/14/1999 11:43:00 PM
From: MARK C.  Read Replies (1) | Respond to of 90042
 
Hello Glenn, Glad to see your enjoying some time off :-). I am trying out my theory that heavily traded stocks seem to have a way of closing on or very near a strike price. I believe DELL will close at or near $40 on Friday. It may pull back from here but I still think it will be a $40 stock on Friday. Just a gut feeling but if I am right next month I will look to make these types of plays going into option expirations. I trust your TA so maybe I will get more than 2 points if it dips tomorrow. MarkC.