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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (43765)5/22/1998 9:44:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
I just had a sample of what they meant when they told me the market would be "unsellable".

As the SP8M went over 1121 I picked up the phone to sell. Got a fill at 1119 as it moved to a low of 1118.30 in a few minutes.

This on no serious news.

Imagine if the market was really in the middle of a train wreck.
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