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

To: the options strategist who wrote (48694)	7/28/1998 12:18:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

INDEX UPDATE - INTRADAY --------------------------- URGENT - The DOW is down 119 right now. Even if we do rebound this is a real negative signal on a technical basis. No need to talk about the market internals now since they are just awful. I was hoping for a runup today to initiate puts at a higher level but I will probably start small positions on a bounce. I do not feel the GM issue will help if agreement made. GM is not a big mover in price to have a big effect on the DOW. Seeya