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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: Nemer who wrote (14429)5/27/1998 10:07:00 AM
From: DanZ  Read Replies (1) of 53068
 
Market.

I think we are in for a reversal today. The Dow is 50 off its low, the Nasdaq 12 off its low, the SOX 3.5 off its low and bond rates are way down. Add in tremendously negative sentiment and I think we are ready for a trading rally. I still think the averages will stay in trading ranges, but this is a very good time to buy calls on the OEX and Nasdaq, IMO.

Do you know the symbol for options on the Nasdaq?

Thanks,
Dan
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