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Strategies & Market Trends : Tech Stock Options

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To: kiwi who wrote (34565)	2/2/1998 2:54:00 PM
From: donald sew	Read Replies (2) of 58727

Kiwi, I just bought a small position in the OSX MAR 90's for 11 1/2. Just heard on CNBC that IRAQ denied/contradicted what was said earlier on the news that they would permit the inspections again, or something like that. If there is a pullback, I am hoping that the the support line at 92-93 holds, and with a pullback there may be some money roatation. The XOI is up but the OSX is not, maybe just a delayed reaction. Anyway I got MAR's so the OSX only has to get to 101 to break even. If it drops more, I will add-on. What may help the OSX should hurt the XAL - higher CRUDE prices. Well, I got PUTS and CALLS now, so I dont know which way to go. gggggggggggggggggggggg Seeya

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