P&S and STO Death Blow's Message Board

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

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To: ajtj99 who wrote (25876)	1/23/2003 9:42:43 PM
From: Jeffrey S. Lillie	Read Replies (1) of 30712

i looked for similar setups to the current conditions in spx. the one that was almost identical had us up 6 spx points at the open then dumped us 16. in terms of tonights pricing that means a move up at open to 893 then dump to 877. the other two similar setups have us dumping from the start to levels that are as low or lower than todays lows. one rallies back to even and the other closes at the lows. So unless the futures arent going ballistic i will try to sell calls on any bounce in first half hour then grab a few puts. j

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