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Strategies & Market Trends : Tech Stock Options
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To: AlanH who wrote (44891)6/4/1998 9:12:00 PM
From: Lee   of 58727
 
Hi Alan,...Re:<<Put buying in Project A session>>

Don't know whether it's a hedge or not, just suspecting this in the face of tomorrow's number. Could also be dollar weakness, although $ showing +0.16 tonight at 99.71 which is the same number as showing down 0.09 earlier? I think all the June currencies expire tomorrow so maybe I'm looking at bad data since I haven't changed over to the September contracts. (July numbers for Sept. currencies)

On bonds, CNBC reported a research tidbit that 93% of the time
that the bond was down going into the June jobs report the market
was down the following day. Unfortunately it wasn't clear if
that was the stock market or the bond market and although I have
data going back 4 or 5 years, it's too late to drag all the tapes out and retrieve it. Eventually hope to get organized enough to keep monthly charts with pertinent data affixed.

Congrats on your big bananas win today, that was really nice.

Regards,

Lee
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