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


To: ViperChick Secret Agent 006.9 who wrote (51078)8/28/1998 4:49:00 PM
From: Pierre J. LeBel  Read Replies (1) | Respond to of 58727
 
Everyone seem to expect a rally on Monday!!!

It is weird! The DJ is down 114 points, OEX down over 8 points and yet, surprise, surprise, most September OEX out-of-the-money puts are down on the day! The fear that existed at the close yesterday is simply not there today.

Being a contrarian, I suspect the meaning of this laissez-faire is a BIG DROP on Monday.

We'll see.

Have a very nice weekend.

Pierre