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

To: Nancy who wrote (28876)	11/19/1997 2:26:00 PM
From: Michael Rich	Read Replies (1) \| Respond to of 58727

>>OSX is traded on Philly and I dont know where to get chart << quote.com has all indices.

To: Nancy who wrote (28876)	11/19/1997 6:21:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Nancy, I got the technical chart, and did an analysis earlier and posted it here. I stated that there were 2 support lines one at 120/118 which I thought would hold but did not, and the other at 114. The next ones are at 106 then 101. The chart is not yet updated, but I am suspecting that it may be a CLASS 1 BUY to obtain at the low tomorrow, but it needs to be confirmed. Subjectively, with all the bad press it may take a bit longer to mature and move upwards, so I am thinking of getting the JAN calls just in case, and they are only about 1.5 more than the DEC calls. If it gets to 114 than that would mean that it would have pulled-back about 18%. I did not realise that since March of this year the OSX went up 100% approximately. Subjectively, just wondering if that is enough of a pullback. If it pulls back to 101 it would be about a 28% pull back, and I would feel that that would definitely be enough. Whats your thoughts. Seeya