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To: Patrick Slevin who wrote (10257)12/9/1997 12:22:00 PM
From: Nemer  Read Replies (2) | Respond to of 17305
 
Pat:

----> I'm going to try to nail the high of the day and write OEX 465 calls.

My figures have OEX resistance at 470
SPX resistance at 979.5

The big box has identified the pair as pivots within the past twenty minutes.
If these hold for the next fifteen minutes they could well hold for the remainder of the day.
If they're broken, then your move will be profitable.

Regards----Nemer



To: Patrick Slevin who wrote (10257)12/9/1997 12:37:00 PM
From: Andrew Vance  Read Replies (2) | Respond to of 17305
 
*AV*--I always wish you Good Luck on the OEX. I just need good Luck and Fortune on my forays into the OEX.

BTW-Worthy of note from the interactive WSJ:

* Nasdaq's board is expected to vote on whether to drop
3,400 stocks from the OTC Bulletin Board, in a bid to distance
itself from some of Wall Street's smallest and most speculative
firms.

* The Thai government said just two of the 58 finance firms
suspended this summer will be allowed to reopen, giving
investors hope that Thailand is moving to resolve its financial
mess.
* South Korea's Daewoo Group bought a troubled auto maker
and Seoul is planning to inject capital into a major bank, but
the news failed to pacify the nation's tumbling markets.
* Oracle said its quarterly profit rose 4.0
percent, a significant disappointment that the software maker
attributed to economic problems in Asia and a reorganization of
its U.S. sales operations.


I think I am also beginning to like 3COM (COMS) as the lawsuit dust settles and the new x56 standard comes to a happy conclusion for COMS and Rockwell.

Andrew