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Pastimes : Ask Mohan about the Market

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To: Jack Clarke who wrote (8246)11/17/1997 9:24:00 AM
From: Barbara Barry  Read Replies (2) of 18056
 
Jack,
Please be careful. You say some of the things that I think also. BUT,everytime I try and be rational about evaluating this market, I lose sight of the trend. With options, as we know, that is a killer.So FWIW right now I am looking for short term "crazy" moves and trade those. E.G., if the market blasts off too much today/tommorrow, I might look at Dec. puts. On the other hand, calls might be the way to go on pullbacks or a slight move up on good volume.Very short term plays because like you, I feel uneasy about the markets. I don't think a crash is in the cards, but this volatility would kill me if I were long any particular stocks at the moment since I usually only trade the techs.
Good Luck,
Barbara
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