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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (14079)	11/12/1997 4:36:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 50167

IKE No it does NOT look good...In fact they said the Dec futures are lock limit down as we speak...and could go to 30 then 45 before its all over with... I thought the overseas markets would be ok, but the market here wants to go lower I guess...The $64,000.00 question is to WHERE???? The recent intraday lows were 6900 right??? Hell that's only 4-500 points!!! It all could be over rather quickly... IKE, Alan Greenspan will calm the World Markets tommarrow, and the Fri PPI number will be beign....Then we'll see.... Everyone must hang tough...Some OEX puts for protection wouldn't hurt here...