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Strategies & Market Trends : JANUARY 1997/BEST OPTION PURCHASE

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To: Brian Hornby who wrote (60)1/4/1997 2:00:00 PM
From: wiley murray   of 84
 
Hi Brian. The indexes are certainly tricky. The premiums are usually overpriced but the returns if you are right can be enormous or as you say the losses can be also. I prefer stocks to the indexes but to each his own.

On ZITEL I look for it to tank big by the close Monday.It has been going up on the open and then selling off at the close in the last few days. Monday IMO you might see just a down day most of the day.We will see.
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