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Strategies & Market Trends : Tech Stock Options

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To: Bart who wrote (22729)9/11/1997 1:34:00 PM
From: Tom Trader   of 58727
 
Hi Bart--I am still holding my OEX puts and the short futures contract--

But watching carefully for an exit point out of the puts. I am making a lot of money on the puts and don't want mess up my exit point as I am sometimes prone to do:)

My feeling is that we'll go lower--and the bonds will provide guidance. The complication is that tomorrow's data, if favorable, could cause a turn around--even if temporary. On the other hand, unfavorable data could cause an acceleration in the selling.

Will post when I do something with the puts.

Take care
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