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Strategies & Market Trends : DayTrading the OEX

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To: the options strategist who wrote (39)	5/27/1998 10:29:00 PM
From: Dewars	of 94

It was wild one. It broke the 8840-50 easly and then went on to break the 8800 which was a key support level and I thought it would go down a little further maybe 8700, but as we all know that sure didn't happen. The program buying kicked in and caught some shorts it looked like. Breadth was still pretty bad after the recovery. So maybe just a dead cat bounce. Who knows, tomorrow will interesting and probably choppy. gw

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