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

To: joe smith who wrote (40956)	4/23/1998 10:48:00 AM
From: Patrick Slevin	Respond to of 58727

It looks like a bounce into lunch and possibly an ugly afternoon. It dropped below 1130 twice...won't stay down. Intraday, the move was too fast for the MAZs to keep up. That's my thinking anyway. The bond has also recovered a bit. I was shorting in the low 1132 range and covering half in the low 1130 range but the pop a few minutes ago put it as high as 1135. You have to open a separate account to trade the SP8M. It's on the CBOT. Different license required than for stock jockeys. The other way is to trade the SPY on the AMEX. It's priced off the S&P cash.