Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22450)	7/27/1998 5:50:00 PM
From: bearshark	Read Replies (1) of 94695

Hi Jim: I use the DJX to trade. The premiums appear more modest compared to the other option indices. You can use 9 month options that are reasonably priced and it takes a 200 point move on the DJI stocks to make a decent profit. By looking at the Yahoo U. S. Markets page you can see very clearly what happened today. The OEX vs. the SPX ; the OEX and the SPX vs. the MID and the SML; and the NDX vs. the IXIC. Big money wants to buy and little money wants to sell. It has been that way for the last two days.

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