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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (45851)6/15/1998 12:32:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
Oct 27

My recollection of that day was straight down.....

Just a second, I'll dig up a chart. (Years of chart patterns and I rely on memory....duh).

The day was marginally up until 10:15 (all times Eastern), where it filled about a 10 point gap-down from the open.

Then down 20 spoo points to 11:30 and a bounce to noon reclaiming 7 or 8 points.

Then pretty much straight down to the third trading halt at 2:35 (spoos down about 40).

Then a collapse until 3:20 and the fourth halt. Globex traded down another 15 and the market was halted a fifth time, during the overnight session.
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