MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.79

+0.6%

4:00 PM EST

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To: HairBall who wrote (26431)	9/20/1999 8:45:00 PM
From: Jerry Olson	of 99985

Well said.... you know??? i have this very bullish feeling creeping into my bones... this triangle on the spoos will obviously break one way or the other when AG, makes his move... since OCT is a dreaded month...i'm betting it surprises to the upside LARGE..with a breath taking run right to Xmas... if AG plays out his hand as i think he will...i'll buy ITM calls on the big caps..and let them run for 2-3 months... Tom Dorsey once told me...when you buy an option, put or call...let it run right thru to expiration... LG as we both know..options are nothing more than proxies for stocks...leverage, usage, at it's best...hey if you loved the stock??? why not an option??? anyway...i can't help how i feel...and of course, people should hegde if they want too... i always play it ONE way..witch<g>..ever way i'm going... onward and upward...

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