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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (31649)	1/15/1998 3:58:00 AM
From: MonsieurGonzo	Read Replies (1) of 58727

Nemer; RE:" OEX.X " >sold remaining 1/2 position when OEX touched 452 Howdy cowboy - I hope you had a great holiday. I'm down in Houston visiting my folks, and will fly back to Paris Friday. I see we are thinking the same way: sold 80% of my OEXBJ FEB 450 CALLs @ 15 yesterday; sold remaining CALLs @ 16 today when OEX hit 453 prior to close, +5; sold entire SPY position @ 95-7/8, +2-1/4. Not sure if the market will reverse or merely pause here, Nemer- but my charts suggested that I cash in. Santa laid a new METASTOCK chart package on me for Christams, and FWIW, I've put some up on the Web... geocities.com -Steve

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