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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (23587)3/15/2000 10:14:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 63513
 
Gary looks like 126 should be the second line support area...might reverse up from there...on the low pole...

however the middle of the trading band is 112..don't think it will get there if the market stabalizes...

don't average down...wait a bit till after AG...next week...



To: The Phoenix who wrote (23587)3/15/2000 10:24:00 AM
From: Jorj X Mckie  Read Replies (3) | Respond to of 63513
 
Gary, I actually like the idea of ATM March puts for SEBL. I think that this week is key and you could see more downward pressure on Thursday and Friday. This will set us up nicely for the FOMC next week as we will already have taken the beating.....low prems too!.