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Strategies & Market Trends : The Millennium Crash

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To: kahunabear who wrote (165)8/14/1997 12:56:00 AM
From: bobby beara   of 5676
 
Britt, I could kick myself, I panicked this morning and sold-off my Sept. OEX puts. I'm so pissed at myself. You really have to filter out the constant noise and see reality.

Last week bull/bear 3/1 this weeks 2/1 todays 1/1

If there is a rally on tomorrows numbers I'm buying AUG OEX puts when it's starts to falter. The smart guys are using the rallies to exit gracefully. This has been the pattern for the last couple of weeks and a pattern I think we can count on for a while.

-Bob
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