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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Mitch Blevins who wrote (1755)	8/29/1997 5:12:00 PM
From: jcboatwright	of 4339

Mitch, i've been studing charts of all the indexes going back for 12 years....looking so hard i think I burned out one of my eyeballs...I've been looking for anything.... that might give some kind of clue to the direction the market is headed from here.. by combining the other indexes with the dow..also tried laying in gold, copper, steel...everything.... Might be something there in the copper relationship but I have my doubts..think of something I have forgotten and should take a look at. ..ps. .Every bone in my body is screaming to load up on PFE calls today....its made a in the teens point run after aug, 29th for several years in a row....I've been planning on making that trade all year...marked it on my calander in January.... I thought it was a perfect seasonal trade....just like buying TOM Calls on first friday in January. Make money every time..well lately anyway..and now because of this weakness.... i'm unsure. May do it tuesday anyway. My wife is pressuring me to put 20% of our money in something with a ultra high even fantastic return...she thinks we should do our Vegas Thing....Every time we go to Vegas the first thing we do is put 40% of our spending money on black and 10% splitting the greens in Roulette.....but only after we have seen red for four times in a row.....Incredibly, this has worked five out of the last six trips....usually resulting in our having a great trip on their money. I've ruined all her fear of losing.She's spoiled.... I've been trying to impress upon her that this is not Vegas....its even harder,,.....weve been sucessful , probably because we got in the market just before the biggest bull run in history....that I'm sure has helped and I've started to get nervous because the market and life has this funny little way of even-ing things out. I'm not as confident in this market. My system works well in a trending market.....not chop like now. Still 100% cash at the close every day.....So whats you read on the market for next week.....? jc

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