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

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To: Softechie who wrote (23996)1/14/2003 11:37:55 AM
From: Jeffrey S. Lillie  Read Replies (3) of 30712
 
market is in process of working off the overbought condition on 15 and 60 min spx,s0x,nas,ndx charts. if we selloff today they will be in a state that would allow a strong 2 day advance. the fact that things arent dropping and indicators are working off the overbought condition is actually very bullish. my plan has been to get a selloff today and sell all puts into that. need the selloff to go deeper though
j
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