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


To: dennis michael patterson who wrote (57853)11/20/1998 10:54:00 AM
From: marc chatman  Respond to of 58727
 
Anyone have a view as to how much today's rally is being driven by unwinding of options? It seems like MacMillan's scenario is unfolding. I'm seeing most of the rally confined to the large caps, which I think would be consistent with short covering S&P positions.