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Non-Tech : Any info about Iomega (IOM)?

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To: Francis Muir who wrote (33177)10/23/1997 10:49:00 PM
From: Gary Wisdom  Read Replies (1) of 58324
 
This volatility does not augur well for HK

Francis,

The S&P futures are not traded in Hong Kong. As for volatility, volatility means going up and down.

Doubling up is going one direction. Also, I didn't intend for you to take the futures doubling as the futures doubling. It's like the Dow being up 10 points, and then 20 points.

The significance of the futures being up, instead of down, means that the selling in HK probably isn't continuing at the pace of yesterday (today). Thus, as long as the market there stabilizes, we should most likely see a rebound here tomorrow.

And, by the way, nice sale yesterday @ $30. I was considering doing some of the same with my November 25s, but I blinked and missed the top. You are definitely wiser than me.
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