Bill; You did, but I had the impression you meant this Friday.
It wan't like my 16th post it bold type, saying short the market,
short the entire market Now which was a fairly wildass thing to
do... <GGGG>
---------------
Do you recall the option thing and sell on close orders I said I
was going to track. Well I've tracked them and it's no BIG deal
BUT sure enough they have dropped more than their peers so far.
here they are
Symbol Last Trade Chg Volume Shrs Value Value Change Paid Gain Annual Name Trade Date Mkt Cap Notes
^DJI 4:04PM 8932.98 -195.93 N/A - - - -2.15% 9337.99 - - - DJ INDU AVERAGE 17-Jul-98 N/A -
^SPX 4:59PM 1139.75 -24.33 N/A - - - -2.09% 1186.75 - - - S&P 500 INDEX 17-Jul-98 N/A -
^OEX 4:59PM 556.10 -11.66 N/A - - - -2.05% 581.34 - - - S&P 100 INDEX 17-Jul-98 N/A -
GE 4:26PM 90 -1 3/8 4,759,500 33 $2,970.00 -$45.38 -1.50% 96 11/16 -$220.69 -6.92% -98.72% GENERAL ELEC CO 17-Jul-98 293.2B -
KO 5:01PM 83 -7/8 2,778,600 25 $2,075.00 -$21.88 -1.04% 86 1/8 -$78.12 -3.63% -89.44% COCA COLA CO 17-Jul-98 205.0B -
XON 4:21PM 70 1/8 -1 11/16 2,616,100 25 $1,753.12 -$42.19 -2.35% 72 3/8 -$56.25 -3.11% -85.36% EXXON CP 17-Jul-98 171.6B -
MRK 4:13PM 123 7/16 -1 11/16 3,817,400 12 $1,481.25 -$20.25 -1.35% 138 -$174.75 -10.55% -99.89% MERCK & CO 17-Jul-98 147.5B -
CCI 4:01PM 167 1/4 -5 3/8 1,518,700 5 $836.25 -$26.88 -3.11% 178 5/8 -$56.88 -6.37% -98.17% CITICORP 17-Jul-98 75.517B -
F 4:03PM 58 3/8 -1 11/16 1,862,500 12 $700.50 -$20.25 -2.81% 58 7/8 -$6.00 -0.85% -40.48% FORD MOTOR CO 17-Jul-98 66.593B -
BA 5:01PM 41 3/16 -6 9/16 28,428,600 10 $411.88 -$65.62 -13.74% 50 -$88.12 -17.62% -100.00% BOEING CO 17-Jul-98 41.615B -
NB 4:01PM 83 5/16 -7/16 1,463,500 9 $749.81 -$3.94 -0.52% 85 11/16 -$21.38 -2.77% -81.91% NATIONSBANK 17-Jul-98 79.803B -
IBM 4:26PM 123 7/8 -3 9/16 4,153,100 10 $1,238.75 -$35.62 -2.80% 120 3/16 $36.88 +3.07% +528.64% INTL BUS MACHINE 17-Jul-98 116.8B -
T 4:27PM 58 5/8 +15/16 10,603,600 16 $938.00 $15.00 +1.63% 59 1/16 -$7.00 -0.74% -36.38% AT & T 17-Jul-98 95.219B -
DD 4:12PM 60 15/16 -2 1/2 6,607,300 11 $670.31 -$27.50 -3.94% 68 1/16 -$78.38 -10.47% -99.88% DU PONT CO 17-Jul-98 68.768B -
HWP 4:05PM 57 7/16 +2 1/16 5,042,000 10 $574.38 $20.62 +3.72% 59 15/16 -$25.00 -4.17% -92.51% HEWLETT-PACKARD 17-Jul-98 59.704B -
BEL 4:10PM 44 -1 13/16 3,171,300 16 $704.00 -$29.00 -3.96% 45 1/16 -$17.00 -2.36% -76.58% BELL ATLANTIC 17-Jul-98 68.305B -
AXP 4:02PM 108 13/16 -2 13/16 1,133,000 5 $544.06 -$14.06 -2.52% 115 13/16 -$35.00 -6.04% -97.75% AMER EXPRESS CO 17-Jul-98 50.179B -
Totals: -$827.69-5.02%
I weighted them as close as I could to the S&P weighting.
The Results from then to now tally up this way so far.
OEX down 4.3% , SPX down 3.9% These are Down 5.2%
That's not a lot, but for Big players it adds up.
-------------------
BTW I don't know if the DOW will hold where it is or drop
some more, there is support about the 9000 level..if it takes
that out maybe 8800 or 8600 again ?
But that's beside the point, if she starts up or I should say
when, that would be a good time to unwind that BA put..
as she has been hammered now about all she will get hammered
except she gets took on down with the ebb tide of the Dow
falling more I expect when the Dow does get it's legs
BA will be one of the better gainers , I had looked at 43 as
a maybe low, well she done fell more than that, her fate now
hangs more on what the DOW does.
Jim
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