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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (290)5/12/1998 9:01:00 AM
From: SE  Read Replies (1) of 44573
 
Based on the overnight action and the action overseas, I think this downturn will be short lived. I am prepared to sell my puts at the first available opportunity today. I suspect we might open higher this am and then trend lower into lunch at which point I will dump them. On the other hand if we open weak, I would suspect we will turn higher after about the first hour or so and that would be the time to dump them.

What do you see for today????

-Scott
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