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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (51015)	8/28/1998 12:44:00 PM
From: donald sew	Read Replies (1) of 58727

INDEX UPDATE --------------------- Was gone for the morning, but we be back for the rest of the day. I closed out of my position as planned, and now in cash. The DOW did go below my 8050, but the psychological support of 8000 held. We rebounded about 150 points which is a short-term positive. As previously indicated that the rebound would not be much and we already rebounded 150 points approximately. I will probably reinitiate Puts today. Havent had the chance to look at MOMO yet. We may still rebound more on Monday/TUE, but do not feel it will be alot more. Will try to determine the resistance lines in my next post . Seeya

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