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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (27637)	11/1/1997 8:11:00 PM
From: Patrick Slevin	Respond to of 58727

Margin call, nothing. The clerk will sell you out Monday. This put selling by corporations is routine....is generally done after buyback of stock is announced....and I only pick on Plaza because they are the best at trading options, bar none. I do not mean to imply that corporations do this at the drop of a hat, they do not react that fast. If anything, they will try to prop the stock up for what they believe is the common good. Personally, I have a problem with that....they dragged out Alex Hamilton in 1929, corporations have jumped in to announce buybacks each time there was a major market selloff, bailing out Indonesia, ... all this is nice. Foreign traders put a shot across the USS Economic bow when they sold off the dollar early Tuesday. That's called a threatened repatriation of capital. Believe what you like....my opinion is the US markets caved in to global pressure and we just have a respite ... a respite before some serious market moves. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Sorry....I stay off most threads because I'm not as optimistic as most. ----Good luck to all