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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: John T. who wrote (24397)9/1/1999 2:10:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
Thanks for the heads up. I was wondering what caused the bond to tank. I am not feeling so bad about selling those calls a little early anymore <g>

Tried for puts but missed. That's OK too. Watching to see what they do as the close gets closer. Leaning towards puts but hate to go against my signal unsure if it was a one day shooter or a multiday pattern.

I double checked and although employment report is due Friday, the jobless claims IS also supposed to be released tomorrow AM at 8:30. Expectation is a rise of 7K to 290,000. from message ID on SI of #1109376

Ain't that right shoulder onthe hourly SPX and OEX coming along nicely ????? <ggg>

MLJ - Yes the premium IS the difference in the cash and futures.

Good Luck,

Lee
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