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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (14359)6/11/2000 4:56:00 PM
From: Gersh Avery  Read Replies (1) of 15132
 
Judging by the trin last week was a huge distribution period.

SPX down DJIA down and NDX flat (yes, I know the NAZ was up but the NDX was a very nice weekly doji)

prem killer week!

VIX bottom doji still in effect (inverse to the market)

My box still is saying >100 point SPX drop by Monday 6/19.

For the time being, I still think that the puts were a good item to pick up .. obviously later in the week would have been a better entry considering the decay in prem.

FWIW
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