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

To: jjs_ynot who wrote (48480)7/27/1998 2:48:00 AM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 58727
 
Yup. SPX Sept and Oct contracts down over 6 pts. Naz 100 Sept contracts down over 6 pts as well. But "the DOW has stabilized" according to most reports over the weekend. -G- Well maybe so, but I'm still more comfortable being short. The MSH sure didn't stabilize on Friday. I expect a lot of fund managers are doing a bit of soul searching over the weekend. -G-



To: jjs_ynot who wrote (48480)7/27/1998 9:54:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
The UTIL broke an important support this AM, in my opinion.

Of course, that's a longer term indicator.


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