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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (40706)6/17/1999 8:27:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bill; In this context normal would be for the NDX to fill it's gap
, in fact since the start of the QQQ it has filled all gaps.
If it don't this will be the first one.
Stocks don't always fill gaps but I haven't found any Indexes
that don't.
Hell we have gaps on the SPX MID DOW & NDX, this also
puts a lot of call money in the money, now I wonder if they are
going to let the stocks get called or shell out the dough.
At any rate the options moved to a point that there should be some selling pressure today or tomorrow.
So far this am in Frankfurt intc, csco, wcom, ibm, aol & cpq
are all down slightly from our close ( currency converted )average
is off 1/2.
MSFT is up 9/16.
Jim
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