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Pastimes : Ask Mohan about the Market

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To: D GALL who wrote (17537)	12/24/1998 1:37:00 PM
From: Zeev Hed	Read Replies (2) of 18056

Danny there are two "option" indices pegged to the Internet stocks, one on the amex (^IIX) and one on the PHX (^DOT). Personally, I am not sure the craze is over, but once you see the market going down and the momentum plays slowing, you could see 25% retracement in these indices like nothing. I do not play these so i cannot advise you on any strategy. Zeev

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