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

To: Orhan Birol who wrote (45632)6/12/1998 8:51:00 AM
From: Orhan Birol  Respond to of 58727
 
Correction on 8750; the dates are 6/4, 3/20 and 3/21.



To: Orhan Birol who wrote (45632)6/12/1998 1:40:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>8750 was the intraday low 6/4 and 5/27 the way the market acted today I wouldn't be surprised if we broke through in the next few sessions. <<

Thanks for your response.

Well, we got the break below 8750 though we have not seen the level on the SPX broken as of yet.

Given this, what is the scenario that you see unfolding? What would be the next levels of support -- for the DOW and SPX assuming the latter breaks down below 1074 as well??


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