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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (28979)9/24/1999 9:21:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
SOX remains my area of interest a close below 520 will potentially put us in a position for a retracement to 480 area so for me the guiding thing would be to keep trading SPZ puts options on hte futures, the most productive... if we are seeing continuing weakness and close on SOX and DOT 612. we need that strategy to come in play, below 1280 buy 1240 puts and sell 1350's or 1340's with very nimble foot to cover the calls and puts at 1367-5 area..
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