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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper

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To: The Jedi who wrote (35)10/15/1997 2:00:00 AM
From: John H.   of 438
 
A -

Didn't want you to think that I'd gone away; still working on it. A bit tough to play with options, as they aren't quoted until some time after market open. Still, if you're working with the equity, I'd say that Jeff's service is quite worth the money. Some of the signals turn against you, but most that do make it to the entry point will yield profit.

With options, I wonder if the best strategy is to go with the newer rising stars in IBD and trade weekly. Oil stocks were the favorites until today, when PTEN almost took an 8 point dump and NOI fell more than 5 under. Bio's like WLA and LLY seemed to keep their head above water (in the end). Be interesting to see what groups stayed clean in Wednesday's copy of Investor's Business Daily. The oil stocks and related services may have had their day (although some of them still have a low PE compared to the above). Wish I'd payed attention to the Puts on INTC yeterday.....

Well, it's not over until the fat guy rings <g>

Trade long (or short, for that matter) and prosper -

JH
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