Internet And Software Follow Through?

  • May 17, 2001
  • Dave Landry

In case you’ve been on vacation, options
expire on Friday.

Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
continued its rally from the bottom of its recent range. Continue to look for buying opportunities in calls
and call spreads here.

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Internet
(
$IIX.X |
Quote |
Chart |
News |
PowerRating),
like software, continues its rally from the bottom of its recent range. Continue
to look for buying opportunities
in calls and call spreads here.

src=”https://tradingmarkets.com/media/images/Landry4/iix051701.gif” width=”470″ height=”320″>

Follow
Up/Looking Ahead

If you have
profits in gold and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, you might want
to lock in a piece as it is getting extended.

Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
was up nicely on Thursday. It may set up early next week on a pullback.

Best of
luck with your trading on Friday!

P.S. Reminder:
Protective stops on every trade!

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