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Strategies & Market Trends : Waiting for the big Kahuna

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To: Philipp who wrote (23216)8/4/1998 5:53:00 PM
From: donald sew  Read Replies (1) of 94695
 
Phil,

I bought the OEX AUG 565 CALLS for 1 9/16. I am only looking for a bounce in the OEX of 10-15 points in the next few days. My intent is to initiate a CREDIT SPREAD(bearish), but I need a small pop.

Im a trader going after as many ripples as possible.

I do believe we are going lower - how much lower? - well per my previous notes here I will just be watching support lines holding or breaking and other technical signs.

Seeya

Seeya
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