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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Rosemary who wrote (3361)	3/21/1998 11:26:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 6317

>>A lot of people may have sold the 35 puts, so it behooves them to keep the stock under 35. May have been more action there. << Yea yea m2 :) had a sell of a time getting out of it too.. Sold them for 13/16 which was better than I had hoped and got them back for 3/4 on thursday when it was close to 35. I dotn know why jbil follows the sox or semi's but just look at the chart and if you see the sox weaking you will notice the bid's dropping or the buyers drying up on jbil as well. The other day when it went from 42 to 38 I was watching the sox and when it rebounded I bought @ 38 1/2 and sold @ 39. Should have just held onto it but you can never predict the future.. Yea the MM's know when a buyer or seller is in the winds and adjust the prices accordingly. IE they either raise their bid a lot or drop them substancially.