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To: IQBAL LATIF who wrote (13066)	10/29/1997 4:03:00 AM
From: George Mc Geary	Respond to of 50167

IQ, Nikkei closed at 16857.04 (Range 16385.81 - 16920.08) up 554.35 or 3.34%. Great call and thanks for sharing your insight and recommendation. That should put the option at or around 175 on open tomorrow from my calculations. What are you looking for on JPN 180 - 182 for a sale? That would be about 7% rise from yesterday or a double on the 175's premium of today. Can't find anything that will chart the Nikkei, but JPN looks like resistnce at about 182 or 183 believe this will coincide with Nikkei 17400 - 17600. Thanks again for sharing, I really got beaten up Friday and Monday and need a bunch to get back to even. George

To: IQBAL LATIF who wrote (13066)	10/29/1997 4:26:00 AM
From: George Mc Geary	Read Replies (1) \| Respond to of 50167

IQ, The DOW only closed up 337.14 or 4.71%. Look at the Hang Seng it closed at 10765.30 (Range 10130.47 - 10765.30) up +1705.41 or +18.82%. FTSE currently up 333 or 7.39% at 4837.50 (Range 4411.40 - 4896.90) Is there a index option for the Hang Seng if so what is the base symbol. What are the chances after AG's speech that we could get back to the 7800 level? About those covered calls option sales? Today, Tomorrow or at what level?

To: IQBAL LATIF who wrote (13066)	10/29/1997 8:45:00 AM
From: Nemer	Respond to of 50167

Greetings Cousin Ike: The theme song for the lovely little city in Texas where I reside is--- I LOVE PARIS Coincendentally, of course, the name of my town is Paris, Tx. Should the knowledge of the location of my Paris not immediately spring to your mind, feel free to check my profile page here on S I-----it's got a map.........ggggg The trip to your Paris shounds absolutely marvelous. The only fly in the ointment from my perspective is the employment of my spouse. She thinks the school sysytem here would shut down and all the kids would be turned out onto the street should she take a few days off. I have tried to talk her into retirement but she informs me that one to the family is all we can stand------so if I get a job she'll retire.......ggggg Monday afternoon, in the teeth of the finincial storm, when I was blithely making a few purchases she called and asked how I was doing. When I told her I was buying, she laughed and said "Looks as if I'll have to keep on working, won't I , sugar". OEX (883.37) ...842...853...866...///...894...908...922... Regards----Nemer