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

To: MonsieurGonzo who wrote (30731)	12/9/1997 2:23:00 PM
From: Rick C.	Read Replies (1) \| Respond to of 58727

Long OSXAF Jan 130 calls @ 4 7/8. Thanks for everybodys' ongoing help on the indices. I thought this would be a fairly well-behaved one for me to test the waters with. <ggg> Regards, Rick

To: MonsieurGonzo who wrote (30731)	12/9/1997 4:42:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Steve, Already indicated my absent minded error that the XOI supports were at 457-458 not 467-468. It has to be age. The CEX had a MIDDLE DOJI during a substantial uptrend, normally indicates the interim top as you indicated I did get into the XOI when the index was at 462 (JAN 460'S @ 16 1/4). If it does go down further, I feel very comfortable that the support line at 467-468 will hold and I will average down so I kept today's position very small, just in case. Seeya