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To: Redman who wrote (3467)11/21/1997 10:49:00 AM
From: SJS  Read Replies (1) | Respond to of 95453
 
NAZ gone negative now, and dow fading. Hang on for a while, we could get a bounce. There's got to be some fun on Friday as they scare both sides of the strike!!

RON looks like it want to go to 65 strike, which it could EASILY do.

GLM looks like it might gravitate to 27.5 area. 30 would be a long run.

NE has no 32.5 strikes, so it's free to do anything. I think it will hang out over 30, but under 35. It's a safe call, but nothing specific with options is really moving it.



To: Redman who wrote (3467)11/21/1997 11:09:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 95453
 
I'll be happy if most of these stocks close unchanged at this point.
I have a buddy who is on the board of one these service stocks and he is in disbeief at the pullback of his sock and others in the group.He says big buying oppurtunity. Not only does he see no change in fundamentals for the sector,he sees things groing at a rapid pace.
He is tempted to jump in at these prices and buy more stock.Why aren't investors seeing the bargains?GD


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