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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (24570)9/2/1999 12:35:00 PM
From: Jack of All Trades  Respond to of 99985
 
As of last night, there were 11K contracts at 660, 650 and 640.

Lee I noticed the same last night, but notice how there was a higher prem for ITM calls and OOTM puts...

Jeff



To: Lee Lichterman III who wrote (24570)9/2/1999 12:38:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Lee,

I would not eliminate the possibility of more selling later today.

The TICK is only at negative 275 while the DOW is down 135. Theres 2 ways to look at it. From the bullish side, that the TICK is starting to rise, but from the bearish side that another strong downtick towards the negative 1000 region, could send this market sliding hard again.

seeya


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