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To: Jerry Olson who wrote (27938)8/3/1999 1:08:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 50167
 
OOOOOOOO,
I am seeing lots of support being broken today. Naz broke a double bottom and is sitting on another. If it drops another 20pts our next support would be around the 2400 area (2340 would be better support though).

I am playing semi puts right now, but am around 95% cash.

Hope all is well,
XXXXXXXXXXX



To: Jerry Olson who wrote (27938)8/3/1999 1:23:00 PM
From: Riskmgmt  Read Replies (1) | Respond to of 50167
 
Jerry:
Thanks for the info. Looks like 2211 is holding, so far.

What is your thoughts on NITE, do we bounce off the 36 area? I stupidly missed putting in a stop loss and now my trading position is more like a long term hold and pray. (GG)

regards,

Ray


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