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To: Riskmgmt who wrote (27937)8/3/1999 1:03:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 50167
 
Ray

i have the next support at 2180, if it breaks the 2211 area...i think that's the 50dmva...on P&F 2180 is the downside target...

NASD is in the same boat, bearish triangles...not good...

but the VIX is spiking up from very low levels 17/18, now 27 heading to 30, which would be very bullish...

oh i always talk for IKE<gggg>...hahahahahaha



To: Riskmgmt who wrote (27937)8/3/1999 1:23:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I have covered my puts and will like to see what happens on close Ray.. probably.. a bounce.. but the market will now go to that 1282 SPU test in few sessions.. NDX is the key to watch and if that 50 days MA breaks we go lower but two days is a must Ray...