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

To: SE who wrote (45956)	6/16/1998 11:56:00 AM
From: ViperChick Secret Agent 006.9	Respond to of 58727

I expected to see the next support on the OEX, SPX and INDU at about the same percentages from current levels. However, OEX is at 502 or so about 4.2% from here. INDU at 8600 is 2.3% and SPX at 1070 is 2.5%. Don't know why the OEX is different, but it is interesting. If we continue to sell-off maybe that is the place to be. I have been thinking about this the flip side is that they would support the OEX more on the way down last month patrick noted that the OEX was being supported more than the SPX and then the next monday following expiry the OEX was leading the SPX in movement down which is unusual just rambling as I am figuring out what the market is trying to do btw, remember the fine that some place had to pay because of manipulating the OEX options....perhaps OEX is more prone to this since it has fewer stocks...