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


To: Nemer who wrote (35264)2/20/1998 10:47:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Off Tropic

I'll betcha y'all could not have squeezed another Ford pickup into the Drive-in when "TinCup" was making the rounds.

I expect the market to bounce but peter off in the last hour. From what I read, arb buy programs will not kick in to any extent unless the OEX can move above 500.

If not, that last hour may be a humdinger, as few would want to go home for an uncertain weekend as well as an expiration Friday with positions. I would like to find a spot to pick up a small amount of putz for Monday, but I would like the market to move up to at least close to the open.....the gap up open in the futures quickly got to 1034.00 and has not been close to that since. The low was 1029.90 and is now 1031.60