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Strategies & Market Trends : Tech Stock Options

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To: MonsieurGonzo who wrote (34360)	1/28/1998 4:23:00 PM
From: donald sew	Read Replies (2) of 58727

Steve, Happy new year to you also. Almost pulled some PUTS at the end of the day, but Im normally a day early, so I said wait. Im not looking to short the NAZ since it is so strong right now. Subjectively, I feel many just believe that the selling was overdone in general. There may be some weak spots in the NAZ, but not many. Take a look at the BKX charts, the lows are lower and the highs are lower. The DOW was up 100 points and the BKX was up only 2.84 today. Just wished the BKX got a little higher, so the downside would be greater. Good call on the DAI 70's. Are you getting ready to short it now. I cant get charts on it. If you know of a place I can find technical charts on it, I may play it with you. Seeya

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