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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (11492)3/13/2001 8:45:45 AM
From: Rambi  Read Replies (2) of 37746
 
Velo--
If we get any rally today in the SPX as your chart indicates is likely (and as several people seem to be predicting, although futures are weakening), will you be looking for an entry into April puts on the SPX when we approach 1200 or will you wait for some definitive movement either up or down from that later in the day? The 1150s are pretty expensive at the moment, but were quite a bit cheaper just a week ago. I'm too new at this to have any clear idea how one decides which options are the "best" for trading. The 1200s were certainly wonderful.
It looks as if tech (NAZ) wants to rally first this morning.
WOUld you look to them to short before SPX?
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