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Strategies & Market Trends : Tech Stock Options
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To: Judy who wrote (22736)9/11/1997 1:46:00 PM
From: Tom Trader   of 58727
 
>>What significance do you place on the DOW closing below 7600 today?

I think that it is more psychological than anything else--but a close decisively under 7600 and 900 on the SPX would spell trouble, especially if the numbers tomorrow are unfavorable or even neutral.

Am looking at trying a quick flip on the OEX puts by buying some more and exiting for a couple of points. Looking for the market to recover enough to make it worth while. Need to do something or I'll keep posting -- a bit like a hyper-active kid:)

Give me a couple of good trading ideas, my dear--to keep me occupied:)
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