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Show The Utah Enterprise Review , March 2, 1977 Page 14b He knows where to take Option Market News Ketcham, Ph.D. Prince, Langheinrich & Greer by Warren his lady to dine Dining like in San Francisco . . . New York . . . Paris. Romantic live music enhances your unforgettable evening. Nightly except Sunday. LUNCHES 11:30 a.m. - 2 p.m. DINNERS 6p.m. 11 p.m. -- CLOSED SUNDAY VALET PARKING 1afleurdely 338 South State Telephone 359-575- M. The stock market managed to break its string of six straight down weeks, two weeks ago, but then continued its downward trend last w'eek. Trading volume lightened last week, indicating the decline is mostly spent. A strong technical rally is likely soon. As weak as the general market has been, gold and gold stocks have been strong. The price of gold hit $142 per ounce Monday up from $101 last August. Gold stocks like ASA and Homestakes continue strong. Most all the bull market, gold issues appear to be in a long-tertherefore gold stock and options are good buys in weakness. Competition among the option exchanges is heating up. The current round started when the American Exchange started trading in National Semiconductor options, an original CBOE listing. The CBOE struck back by listing six original Amex listings, namely Merrill Lynch, Digital Equipment, Burroughs, Walt Disney and Tandy. The CBOE also added Teledyne, an original Philadelphia listing. At this juncture, it appears the CBOE has gained the edge in trading volume. m ONE CONVENIENT, PROFESSIONAL SOURCE FOR INSURANCE (OR ANY FORM OF RISK MANAGEMENT) All forms of Corporate Insurance, including Professional Liability. All forms of Group Insurance. All forms of Personal Insurance. All major insurance sources are available Robert L. Nicholls Insurance to allow personalization of your particular insurance plan. Robert L. Nicholls and his associates are an independent insurance agency with 8 years experience in advising individuals, professionals, and corporations. 1 0 East 4800 South Salt Lake City, Utah 84117 Telephone (801) 277-266-1 |