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

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To: GROUND ZERO™ who wrote (6744)10/19/1998 2:45:00 PM
From: Tom Trader  Read Replies (2) of 44573
 
Your S&P trade looks awesome--you caught a great one there!!

The bonds -- look iffy, even though I have not got a sell signal

Sold a few OEX 535 calls naked -- since Don says that he has class sell signals. I normally don't go that much OTM, but with the strength that we have, I did not want to take too much of a chance. What I am really looking to do is to sell a few puts naked but I need a pull-back without a sell signal before I would do that.

Funny thing happened when I talked to the Schwab desk that I use-- the guy there said he and a couple of his colleagues are following my OEX trades to see how they work out!! I was amused by that. The guy said asked if I would tell him at the end of the day why I was doing whatever trade on the OEX that I effect during the day.

What would it take to get a sell signal on your system -- is one likely anytime soon? I'd say that a sell signal on my system is possible within the next day or two.
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