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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Joan Osland Graffius who wrote (54062)6/14/2000 2:17:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
Joan I am in questioning if I should buy now gold and oil stock which in turn brings me to the conclusion that there are many non -belivers in those stocks which is a contrarian indicator.

Noticed that in the money option are trading at very low premiums ........ lots of pessimism about this rally.

On the ohter hand MER, LEH, AXP, C, are running as if they are out of stock to sell.

My be I will buy some ASA calls.

Haim
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