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

To: steve susko who wrote (44811)	6/4/1998 2:24:00 PM
From: SE	Read Replies (3) \| Respond to of 58727

Right now, against all intuition and feel, I am long as well. A couple of OEX calls I bought yesterday during the decline. I still need a couple of points on the OEX at this moment to make up my commissions, but my signal is pretty strong that we *should* bounce. Questoin is when....timing was earlier today for the start of it, so we shall see if it started, or if it is not going to bounce for me. However, I agree 100% with Patrick that we seem and appear to be on the cliff looking over the edge. I am very nervous about the trade, have almost taken it off two or three times today at a small loss, but everytime I am about ready to, I get a short term rally signal and the market ticks back up. We shall see what happens. -Scott