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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (32238)	1/4/1998 6:39:00 PM
From: donald sew	Read Replies (2) of 58727

Jim, Well, it looks like the 2 of us and others are now preparing to play PUTS. So my question is which INDEX. Frankly, I do not care for the OEX since the premiums are relatively high when one considers the volitility. I am looking at the DJX, BKX, NDX, & SOX(if it approaches 300). My feeling is that the HiTechs have really been knocked down hard so certain sectors (SOX,IIX,XCI) may not have all that much downside, and of course that would also depend on the strength of the pullback. The Non HiTech indexes really have not taken the beating the HiTechs have. What scares me about the BKX is that the interest rates are still so low. So maybe broader based index like the DJX or the NDX for HiTechs. Whats your thoughts Seeya

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