Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3328)	12/11/1997 9:23:00 PM
From: GTC Trader	Read Replies (1) of 7396

Mark, A couple questions if I may: 1. Does this mean that you don't expect an end-of-year rally? Do you think that the "January massacre" that Zeev predicts may already be starting? 2. CPQ looks broken. It is at $56 and I don't see clear support until $40. I sold my DEC put yesterday and am now wishing I would have bought a JAN put immediately with the proceeds. It has dropped 9 1/2 points in 3 trading days. Is it too late to hop back in? 3. Any other put candidates that you can recommend me to look into? I can't trade intra-day like you, so I rely mainly on decisions made at night and sometimes during the last hour of trading. Any input would be greatly appreciated! TIA, Happy

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