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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeffrey S. Lillie who wrote (19828)12/13/2002 10:09:59 AM
From: Jeffrey S. Lillie  Read Replies (2) of 30712
 
hedged with equal dollar amt of spx calls before MSI number. now will ride this out to the low of day and then depending on that level will hold hedge or unhedge and go long. if go long i will add put profits which are now at a triple to call side and be very long.
j
this am i studied the 9 past instances. in every instance where we were in an uptrend we hit low of day by no later than 1030-1045 am. for downtrend lows came at 2,eod, 1030, eod.
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