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To: Kevin Walsh who wrote (28264)11/12/1997 2:47:00 PM
From: Fred Weiss  Respond to of 58727
 
from briefing.com

14:30 ET Dow -75, Nasdaq -23, S&P -8.26: In a bad sign, market has taken the good news of no change in Fed policy as another opportunity to sell...this reflects persistent underlying concerns...if bad news does come, such as is possible with PPI on Friday, market reaction could be even more severe...bonds show little reaction to Fed announcement.



To: Kevin Walsh who wrote (28264)11/12/1997 3:14:00 PM
From: Alan Smithee  Read Replies (1) | Respond to of 58727
 
Hi Kevin:

You can't keep your hands off the CPQ, can you?

Any thoughts about buying puts on CPQ? If it breaks and closes below 60, we could see 55 in short order.