The OEX... gasp! Message Board

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

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To: D GALL who wrote (235)	12/21/1996 6:51:00 PM
From: John C-L Luk	of 658

Stuart, Stephen, and all -- once I was a former subscriber for Terry's OEX trade fax recommendations. Yes, I lost my money on some of his bad recommendations during two trial weeks in 1995. I do not think he is an excellent technical guru with the OEX. He works earning your money for a living if you join the OEX subscription. He NEVER trades any real OEX for his own personal account. Also, I was not happy with the Essex OEX trade software because I recognized that it is a damned black box and is worthless. Also I cannot get back my money from the scam-like Essex Trading company. Currently, I just do my homework with the OEX chart provided by CTS based on the implied volatilty. Simple rule: if the implied volatilty is very low, buy the call. If the IV is very high, buy the put. I may download the internet Prodigy software for free 30-day trial because I heard that a lot of people talk the OEX on the money talk BB. John

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