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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (2698)6/18/1996 4:12:00 PM
From: Michael Hillman   of 58727
 
WOW ............
The American markets will never cease to amaze me ...particularly our arena of choice ..Tech's .......amazing ..simply amazing .....the amount of red ink shed today ..could be equal to the GNP of a small country .
And of course IOMG has led the way ...just like on the way up ......who would have thought the big play of today ...was to buy jun30 puts at an 1/8 ..???? Who would have thought that John's jun30 sale 2 weeks ago ..would leave him exposed today .? Who was surprised by SUNW moving against the flow ...with so much strength ( probably no one )
If we all survive this .....the upside is something we will be able to tell our grandchildren about ....just like the 25 point drop today in the Naz will be a bit of history I won't forget .

God ..I hope I can be here tomorrow to catch the next chapter of " triple witch ........or triple bitch ..???? "
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