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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (22052)9/5/1997 9:29:00 AM
From: Tom Trader   of 58727
 
>>What was your turning point again<<

I won't know the exact # until the S&P futures open--but based on where it is on the Globex as of now--I'd say that a sell signal would be generated on the Sep S&P futures if it declines to a little below the pivot point for today--now remember that I am referring to the futures as opposed to the cash.

>>BTW, JBIL is looking great for a trip back to $59 in case you're interested<<

Now this is a painful story--Judy told me to buy this at 30 something --and that is pre-split. I did not --not sure why--may be I never liked the name of the company:) I'll take another look at it for a short term trade.

Take care
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