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

To: Trey McAtee who wrote (51816)	9/8/1998 2:31:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

Yeah your option split..... you have double now of a different strike because it split 2 for 1.... just call your broker to get the details... when they do a 5 for 3 or something like odd like that..they increase the shares it covers on the same strike...at least that is what happen to me on CPQ TIm...stinging like a bee doesnt even cover it... ----------------------- +Terry Whitman (26898 ) From: +LG Tuesday, Sep 8 1998 2:33PM ET Reply # of 26900 TW: I see the flag (5 min charts) trying to form on the IND, SPX ,NYA and OEX. I usually check out more than one indice to confirm. Flags/Pennants usually break in the direction of the trend. I see one big problem...NASDAQ...has no pole..just one big gap! This troubles me! I would expect it to be filled. <g> You should note, the 60 min charts, IND, SPX, NYA, SPX, OEX and COMP show the possible conversion of the pennants to flags. If these formations hold, they should break in context with the current overall down trend! However, if the five minutes flags break to the upside, with more than just a violation, this would invalidate the 60 minutes charts. And, should confirm further upside movement, at least short term. BWDIK Regards, LG