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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (32578)1/9/1998 2:03:00 PM
From: Kevin  Read Replies (2) of 58727
 
>>>If the futures break below my second supprot of 954.20, I think we may see another 10 points to the downside today. SPH8 has tested that support, but has not clearly moved below it yet.<<<

We've made it 8 out of those 10 points so far and triggered a 15 minute halt in the futures. If my third support does not hold @ 944.30, the only support in site MIGHT be 940. Below that and we're really gonna see an ugly slide prior to the close IMO.
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