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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (30037)	12/3/1997 8:44:00 AM
From: Kevin	Read Replies (1) of 58727

Today's data: SPX: 985.31 978.94 975.31 piv:972.57 968.94 966.20 959.83 Break:964.20 SPZ7: 988.67 981.97 978.53 piv:975.27 971.83 968.57 961.87 Break:967.13 I am currently neutral. As far as equity trades are concerned, I'm geting upside indications on NSCP. Not sure how quicly it will move higher, but I see the stock has indicated support around $27 1/2. I'm considering shorting Jan 25 puts. This will sound totally nuts, but I may even buy some puts on DELL today. It's been awhile, so I forget what the pain is like with this stock. I won't take a large position and I won't add to the position....don't need to double my losses on this one for the year <<<g>>> Adios.

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