Options Message Board - Msg: 13744155

STOCKTALK

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Strategies & Market Trends : Options

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To: Tom K. who wrote (7810)	5/20/2000 7:42:00 AM
From: edamo	of 8096

tom....i couldn't agree more with you... that is why i made the comment that individual technicals will be overpowered by market movement, both upside and downside.... being extremely cautious, only looking at strikes 15-20% below current market price, and with premiums 3%+ for june, also placing orders for smaller blocks, and on stocks i have the desire to own..... economy is slowing, regardless of what the government states....balance of trade is a bs number, means not a thing.......the fed is becoming a real problem....can wreak havoc as they have in the past....every recession that i recall has been fed induced...as goes the fed, so goes the market... ed a. p.s....didn't get the order filled...

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