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To: CookiePuss who wrote (24203)10/7/1999 6:51:00 PM
From: FlameMe  Respond to of 27307
 
The market is still a little shaky. Bad report tomorrow would probably be enough to knock it down some. It looked pretty strong today, though. I don't think it would go down too far or stay down too long, but we will see...

Thanks,
Ross



To: CookiePuss who wrote (24203)10/7/1999 8:47:00 PM
From: RDR  Respond to of 27307
 
I would count the options expiry out if the employment report comes in line. Given the recent positive earnings announcements by TWO internet bluechips CMGI and YHOO the max pain theory on the options side may not hold. Also, most of the options settlement has already started.. big players don't wait till the thursday before the expiry to cover the shorts.. given the current sentiment in the techland there is a good possibility of a good day tomorrow as well.

Regards,


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