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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (38629)4/8/1998 11:16:00 AM
From: donald sew  Read Replies (1) of 58727
 
Lisa,

If Plonk was looking for 8150 on the DOW that is about a 800 point drop from here, so devide that by 9, using the 9:1 ratio to compare the spx to the DOW. That comes out to about a 90 point decline. Hes looking at about 1000 on the SPX.

Well got the pop on the NAZ, its about time soon, I will be waiting thru lunch.

DJX PUT for me.

Seeya
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