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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (65070)2/6/2001 3:10:40 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
at SPX 1200 the Dow should be somewhat higher...say 9600. (it was SLIGHTLY below 10 k in Oct. '98 with the SPX a few points below 1240, intra-day).

and that changes the calculation considerably...because the Dow March 96's are at .25

i admit though that the cheapo Dow puts do have appeal...may buy a few myself actually. huge OI at the March 100 strike...put sellers confident that Dow 10 K will hold.
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