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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (29768)	12/1/1997 11:36:00 AM
From: Kevin	Read Replies (1) of 58727

>>>How are those calls you made last week on the SPX doing, tell me when you plan on exiting them, based on my calculations you should be up handsomely on those.<<< My buy price was @ 8 1/2 and they're bidding @ 9 1/2 now. Not exactly thrilled with my return so far. If the SPX retreats back to 964 and the futures confirm by dropping below 963 today, I will exit the position. I think the latest range that I just posted to myself is very key. >>> Did you get a buy confirmation yet today? <<< Yes...even before the SPX opened, my signals were generating a buy signal which confirmed the bull trend. >>>What is the reason for the huge jump today, is it December madness?? lol <<< Everyone is back from the holiday week (Thanksgiving is only one day but many people took off Wed-Fri) & Asia rebounded nicely last night. That's about all I see. >>>Too bad on those biking tickets, how much did it cost you?<<< Not sure yet...probably only a hundred or two. The pain-in-the-ass part is that we may have to appear in court. I'll have to take a day off from work for that. Oh well....we can bring the bikes with us and RIDE after our court appearance <<<g>>> >>> I bet it was worth every penny...<gggg> <<< It always is! See ya.

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