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To: LLCF who wrote (35519)5/25/2000 9:31:00 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 42523
 
<<it will be very interesting to see how much cash can be mustered up here!>>

I think this is the key point. It will tell us how much "reserve" is left to fight the inevitable tide. FWIW, I don't think there's much...BWDIK.



To: LLCF who wrote (35519)5/25/2000 9:56:00 AM
From: pater tenebrarum  Respond to of 42523
 
well, 'big' is of course relative...imo a 100 point jump in the NDX in the first 20 minutes of trading counts as big already.

the strikes were 1350 and 1425. each saw 20,000 contracts traded.

are they going to pile in? i think so, yes. i still have open shorts, but i hedged all of them with calls yesterday...thank god i did.