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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (27905)11/6/1997 7:57:00 AM
From: Kevin  Read Replies (3) of 58727
 
Good morning everyone.
Electric...good luck on those CPQ calls. Did you go for the Aprils?

Today's data:
SPX---
966.43
954.97
948.87
piv:943.51
937.41
932.05
920.59

I'm slightly neutral right now, but still bullsih until 932 is taken out.

SPZ7--
974.83
961.33
954.17
piv:947.83
940.67
934.33
920.83

Same thing here...slightly neutral, but the bull trend remains until 934 is taken out.

If we break above both pivots after the open (I don't like chasing the move if the futures do it prior to the open), I will add to my OEX calls.
So far we're looking slightly down.

Talk to you later.
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