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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (6522)	10/15/1998 5:21:00 PM
From: Tom Trader	Read Replies (1) of 44573

Well, I am on to you now, GZ!! Forget all this stuff about your system and tell us the truth I know that the "G" in your name stands for Greenspan What I want you to know is what the "Z" is supposed to be!! Tomorrow, I need to take profits on the OEX Oct calls that I thought were dead. The futures closed almost 10 points over fair value and if the overseas markets shoot up we'll probably see some initial pop when the markets open and then it should sell off. We'll probably see some short-covering as well because a lot of people may not have known what happened this pm. If I had been taken the buy signal from my system yesterday, I'd have been smiling like a Cheshire cat. I am glad that I took protective action on the naked November OEX calls, when the buy signal was triggered -- though I suspect that before we get to November expiration a whole lot will have happened. Take care

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