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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: James Strauss who wrote (23492)	8/20/1999 9:45:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

Well I actually think we are biased up. When I checked OEX calls and puts, thousands of calls were closed out yesterday but some puts were actually added. They definitely don't want to go below 680 but there are a few calls over 700 so actually 690 or anywhere in between 680 and 700 is OK. Good Luck, Lee

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