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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (34099)	1/26/1998 9:48:00 AM
From: donald sew	Read Replies (1) of 58727

Lisa, So far the DOW got as high as up 50 about. The futures were down over 9 points early in the morning, but did a complete reversal to a positive 3 near the open. What a crazy day. Just did a quick GUITAR calculation, and it is confirming a down trend for today. As I am writing the DOW is only up 25. If the DOW gets back to positive 50 I may initiate a DJX PUT for a intraday play. If I do get in and decide to hold it longer I will attempt to form a strangle. I am waiting for the next surge up to about up-50 on the DOW. If it doesnt move back up to close to that level then bets are off. See;ya

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