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

To: ViperChick Secret Agent 006.9 who wrote (37588)3/27/1998 11:34:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
It sold off immediately.

I don't think the damage will be fully assessed until the Bond closes.

The futures just went to new lows. I'm guessing on a bounce but how much? Certainly it would be prudent to keep a tight reverse stop on any position that optimistic.

Spoos just hit 1103, off 1480 from the high.



To: ViperChick Secret Agent 006.9 who wrote (37588)3/27/1998 11:45:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
I take that back, the Bond started to sell off at the same time as the Futures: but did not break 120 until almost 10 minutes later at 11 ET.

At which time, the spoos accelerated dropping 380 points in the next 10 minutes.....then another 1000 over the next 20 minutes.

Guess that CNBC party will be the most post-poned event I never was invited to.

See you Monday....


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