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

To: j g cordes who wrote (38306)	4/6/1998 8:43:00 AM
From: donald sew	Read Replies (4) \| Respond to of 58727

Jim, Yeah, the Citicorp news is probably going to kill my WFC PUTS. Early this morning the futures were actually negative, but when the Citicorp news was announced this morning the futures jumped dramatically to 6.50 where it is now. The news will help the financial, but really feel that the futures will not have that strong of an impact as it appears to have right now. I had some small stocks, which I acquired before my index trading, which I thought were dead but now breaking out. One of them is MACR. Just a wild market. I will no longer pick any of the financials to short for the short-term in light of take-overs, and rumors of such. Jim, AOL still looks OK as a short. An EVENING STAR followed by HAMMER. Still needs further confirmation though. Seeya