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Strategies & Market Trends : Tech Stock Options
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To: Nemer who wrote (38190)4/4/1998 12:05:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 58727
 
1) yes--OEWDH bought at 1119.75 SPX at 12:45 EST (appx)
2) it is doing great
3) SPX didn't retreat below 1120 any after I posted at 12:48 EST


you bought yours based on whatever you based it on...but not because your direction had been shown yet. you were below the pivot at the time you bought

By the time you feel comfortable that 1120 is going to hold within your 20 minute time frame...it had run to 1121

and then look at the chart of the oewdh

it is tough enough to make money on that 5 point run from 1121 to 1126 on the OEX...

of course, you are right......its as good as it gets....but it doesnt stop me from wishing your box could do it ahead of time

of course, patrick would have made a killing on the futures!!!!



pivot point is 1120
time frame is now to 20 minutes

above = up
below = down

adjacent points are .. 1118...1115
and .. 1124...1125

currently trading at 1119.97
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