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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (20856)6/23/1998 11:40:00 AM
From: James F. Hopkins  Read Replies (2) of 94695
 
Yes oil is up, seems they play the DJT , against oil.

It don't make sense that they do it so close but they do,
they must be able to trade cheaper than me.

Lucky I saw that trend in MSFT and dumped out of them puts,
I can buy them back today for a song. I will watch her for
profit taking and move up a strike if I see her roll over,
but those I sold will likely expire worthless.
So much for giving them time when your on the wrong side of
a trend.
The S&P resistance is at 1120..I'm now most sure we will at least
test it.
Jim
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