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To: Joseph G. who wrote (2061)12/12/1997 3:28:00 PM
From: Janice Shell  Respond to of 2563
 
J+

But, one could think: tails - lose $1.5, heads - may win $5.

The BTs are headless; tails only. This may be significant.

J



To: Joseph G. who wrote (2061)12/12/1997 3:38:00 PM
From: IceShark  Read Replies (1) | Respond to of 2563
 
J+,

"IMO, the feds would support SPX, let NDX do what it may - who cares?"

Well taht, support, seems to be going on right now. The close today will be very important to waht happens Monday re: perceptions, and the Dow and S&P sure seem to have alot of buy takers.

So, while I don't like it, I guess I will hold over the weekend since the NAZ dropped the required margin this week, do it again next week and everything is OK. And 'ole Mike Burke has told many stories about hanging on till experation. I think I will be looking at this post as famous last words, ala Gen. Custer.

J~