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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (43512)5/19/1998 1:31:00 PM
From: Kevin  Read Replies (4) of 58727
 
Patrick, I think the top is forming for the day @ 1113, and I'm seeing selling beginning b/t 12:00 and 12:30 that could bring us down below 1110. That's not much of a move in itself, but if the FOMC announcement pushes the SPX higher with my downside scenario still holding, I may actually enter puts late this afternoon.

How 'bout you? How's the activity look from your side?

Thanks,
Kevin
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