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

To: Dwight E. Karlsen who wrote (41395)	4/27/1998 8:51:00 AM
From: jjs_ynot	Read Replies (2) \| Respond to of 58727

Have you seen the 30 yr bond. Down almost 1.4 percent. Yield about 6.09 percent. That is WELL above the 6.0 percent litmus test for stocks to start feeling some pain.

To: Dwight E. Karlsen who wrote (41395)	4/27/1998 8:56:00 AM
From: donald sew	Read Replies (2) \| Respond to of 58727

Dwight, The NDX futures are now down 1315, and the S&P down 11.20. looking good for PUTS. It looks like that we will be heading straight for the 8900 support line for the DOW. The question is will it hold, if not then the next and a very strong support is at the 8750 area. Previously, I had indicated those 2 support areas and felt that the 8900-9000 should hold. In light of futures being down so much now there is a hint that it may not hold. YIPPEE - I really hope IM wrong about the 8900-9000 support holding. Seeya.