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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (43936)	5/27/1998 11:35:00 AM
From: donald sew	Read Replies (1) of 58727

INDEX UPDATE --------------------- The technical underpinnings of the market is quite bad right now with the NEW HIGH/LOWS at extreme levels and the overall market is strongly in the oversold range per my short-term techhnicals. I do believe that there could be a rebound although it could be a weak one, so the question is how much lower can it go today. WHO knows. I will start initiating my STRANGLE of sorts soon, keeping my PUTS in play and buying calls. On the subjective side heard from several brokers that margin calls are increasing rapidly. Seeya

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