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Strategies & Market Trends : The OEX... gasp!

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To: Harold Lanier who wrote (305)1/7/1997 5:55:00 PM
From: Patrick Hartmann   of 658
 
Harold,

I watch volume to get a general idea of "market" direction....so the volume I use is the NYSE which is a pretty good indication since the OEX mirrors the SPX which pretty much mirrors the market as a whole...I am still new to the OEX so I am still experimenting...however, I made a killing off of the option OEXAM today...cashed out 25 contracts and walked away with a "double" for the day..

Patrick (the "scalper")
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