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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (31566)	12/19/1997 8:32:00 AM
From: Nemer	Read Replies (1) of 58727

CaT babe: I'm sitting on the sidelines watching the blood splatter from the market mayhem going on. Not a pretty sight. I posted a few days ago that I wasn't contemplating any new positions until the first or second week in the next quarter. No reason to change my mind yet...... For today, I would recco only short postitons, no going long. Should the OEX hit the first level of resistance (456) I would use that a time to short. It might not get up to there and I would watch and not act.....We'll see how it goes. Don has peered into the future Monday and forseen a potential bounce which is my reading also but not definite. May be Tuesday. OEX ...447...449...453... // > (454.52) < // ...456...458...462... Regards----Witch Doctor Nemer

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