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Strategies & Market Trends : Options

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To: Jerry Miller who wrote (6552)	4/16/2000 10:11:00 PM
From: Jill	Read Replies (1) of 8096

It's looking pretty brutal: June Nasdaq 100 futures fell the overnight limit of 110-points on Sunday night GLOBEX trade, following through on last week's steep sell-off as Asian stock markets eroded, traders said. The Chicago Mercantile Exchange contract that reflects the largest of the large cap technology stocks in the Nasdaq fell the 110 points allowed for overnight trade to 3,107.50. The contract cannot trade below that level until the pit session opens on Monday morning. June Nasdaq 100s fell 435 points lower to 3,150.00 intraday on Friday and then settled 367.50 points lower at 3,217.50.

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