Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ViperChick Secret Agent 006.9 who wrote (50406)	8/21/1998 10:49:00 AM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 58727

Did he call for more down movement if we broke 530? B

To: ViperChick Secret Agent 006.9 who wrote (50406)	8/21/1998 11:08:00 AM
From: Patrick Slevin	Respond to of 58727

<have you done any study > No. It's usually pretty radical though. I recall several times that it was in excess of 10 OEX but almost all of it generally comes in the last hour. Much more action like this and there may not be a last hour. That's an extreme scenario though. Coming into today I did not think we would hit the mid 50s on the spoo until Monday but if this 68 level breaks anything can happen. Plus you have the psychology of people looking to bail out in anticipation of a shut-down.