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Strategies & Market Trends : The OEX... gasp!

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To: Stuart Briscoe who wrote (142)12/11/1996 2:33:00 AM
From: Patrick Slevin   of 658
 
I trade the OEX almost every day,

but I don't like to hold overnight so I wasn't long the puts on Friday.

But with the spoos locked limit down tonight, I'm glad I kept them today.

If they are still at this level in the AM, all the DOW stocks won't open 'til 10 EST and by then the DJIA should be down over 120 points, with the OEX sailing for 710.

...But that's just my opinion.
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