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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: set who wrote (19673)	6/3/1998 2:33:00 AM
From: Follies	Read Replies (1) \| Respond to of 94695

It looks like the difference is that the FUJ is for the common shares and FZUJ is for the class A shares?

To: set who wrote (19673)	6/3/1998 2:43:00 AM
From: Follies	Read Replies (2) \| Respond to of 94695

The most interesting thing today was how quickly the market fell at around 3:10pm EST today. The SPX dropped 5.50 points in less than five minutes. It was one of the fastest drops I have seen. It was lead by the futures and the futures sold off in probably 2 minutes and the index (based on the stocks sold by programs/arbitrageurs) followed. It was happenning so fast I thought my computer was broken and going haywire. Analysis: Sharp very quick moves indicate that no one was willing to step in, kinda like the bulls in Pamplona, everyone trampling over one another to not get gored. I think this indicates serious weakness and we have much further to go on the downside. Just MHO

To: set who wrote (19673)	6/3/1998 9:08:00 AM
From: jef saunders	Respond to of 94695

david, thanks for the info you gave last week on the dow options. fyi, the DJX prefix is only good for options 8900 and below. for strikes at 9000 and above, DJV for this year. thus DJVSO is july 9300 put, which is what i bought, and am rather nervous about. it's morning, so that means the market will go up until noon or 2 pm or so if it follows the recent pattern.