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Strategies & Market Trends : Tech Stock Options
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To: Nemer who wrote (35381)2/23/1998 11:22:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
No problemo, you caught me on a good day,

<Now calm down, Pat>

I went short the SP8H early and just covered as it started to bounce right after 10 CT. Even my OEX puts were profitable for a while, there.

However I am still in that (OEX) trade as I think after this bounce it moves lower into the afternoon with an eye towards perhaps going long before the last hour looking for the daily highs to be late. Too early to know for certain, and I usually don't try for two trades in one day if the first one is a winner anyway. Never three trades. (I don't really count the OEX as a trade......just S&Ps.)
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