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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (57584)8/20/1999 4:18:00 PM
From: Jorj X Mckie  Read Replies (2) of 86076
 
Heinz,
I agree. P&F chart for DJIA set a higher low and is now at resistance at 11100. I bailed on my EBAY August puts yesterday and bought September puts, put a couple dollars in my pocket, but today hurt.

I went long today on OEX Sept 680 calls and AMZN Sept 105 calls. Still have some puts, but I figured I would play the volatility on both sides.

Funny thing is that I bought the OEX and AMZN calls at 3:15p and they are already making money for me.

One of the main short term P&F short term indicators reversed up yesterday (HiLo Bullish Percent).

Market can crash now that I have some calls.

JXM
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