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Strategies & Market Trends : The ultimate play:STRADDLES on earnings announcements.

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To: Chris Baker who wrote (57)7/31/1996 11:47:00 PM
From: Avi Halpern   of 140
 
I'm bullish on the markets' range
The recent highs of 5700 (end of May) seem to be the top, and the 5200 seem to be the bottom. Then again some stocks can go opposite of the market on special cases (like earnings which is my general guide to investing).
For Friday I'm sitting mostly on puts, KOTI (Coke Aug 45 Put) looks best for now. But I may be wrong and the market will continue to rise as it did the last couple of days. Also, If there is a drop look at long term XRX @50 calls, they are doing great lately.
Good luck
Avi
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