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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Haim R. Branisteanu who wrote (17142)	6/14/1999 11:57:00 AM
From: James F. Hopkins	Read Replies (1) of 99985

Haim; U see how they whipped AOL down to 95,,, left a gap too now I have not looked at the options but figure they will close her about 105 on ex date ..( just a guess ) I use to play her hard, but things may have change since then. It was too much work for what little the floor traders would let hanging , lost my butt on her in 96..then after I got a handle on the thing and could see how they skewd the bid/ask on the options it just got old, the floor traders scalp over half of all that's made on the options, then with commissions it didn't make sense. I trade very few options anymore, if a person is young and wants to trade options they should become a floor trader this internut trading of options is mostly a joke. Jim

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