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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Dale Stempson who wrote (43052)1/11/1998 7:55:00 AM
From: KM  Read Replies (1) | Respond to of 58324
 
Dale: Do you have stops on your SPX trade? I'm getting recs to short the thing tonight on Globex/ Monday morning from my futures people. Some technical indicators are just now starting to turn down, such as the 20 day and weekly MACD and stochastics pairing, even after last week's action, setting up the possibility of considerable further downside. Of course, the overseas markets tonight will have a lot of influence on the direction.

The AOL puts are ungodly expensive, but that trade looks so beautiful, I may have to buy a few. Also Dell puts.