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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (8574)10/20/2000 7:15:44 AM
From: ChrisJP  Read Replies (2) of 11130
 
Well Wayne, It may have been a bad day for puts ....

but it was a great day for big toes !! lol

Its always nice to be up a couple $K without even having to make a single trade. :-)

Some of the premiums on these calls you're finding are simply amazing. Actually, it's sort of giving me a hint of where people think the markets will be 2-3 months from now. I'm thinking if we get back to NASDAQ 3800 - 4000, (S&P 1460), I may have to go back to cash again, lol.

Hey !! I'm looking at EGGS -- a total POS. But I'm wondering if shorts are gonna cover before they announce earnings. They always seem to ....

Regards,
Chris
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