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Strategies & Market Trends : Option Trades
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To: scotty who wrote (850)3/10/1998 6:29:00 PM
From: zx  Read Replies (2) of 2341
 
hi Scotty, i appreciate your kind words.

i think the market is at best overvalued generally now.
if their are any bad signs, ie, decreased earnings,
increased interest rates, rising oil prices or rising
inflation, etc.
then the market will quickly correct.
i would suggest having a few market puts at all times.
the risk reward ratio should be in having some puts.

my Fred Meyer and Abercrombie continue to go up- slowly.
am still watching and waiting, puts and calls, ag
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