Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Lane Hall-Witt who wrote (57059)	8/23/1999 4:27:00 PM
From: Christopher Loe	Read Replies (1) of 120523

For what it's worth, just bought OEYUP Sept-680 OEX puts at 6 1/8 right near the close. At least one Gemmer isn't so bullish about tomorrow. To me it sure looks like we got the relief rally 24 hours too soon. Even if we keep rallying tomorrow I'm confident these will be a double before expiration. I'm holding all cash except for these options. This market has me real scared for the first time this year, I'm absolutely confounded by today's action. Am I the only one? Would appreciate some comments from the thread. Fellow Gemmer

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