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

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To: steve susko who wrote (322)1/11/1997 8:53:00 AM
From: Patrick Slevin   of 658
 
Yes it worked out well.

I take it you did not go long on the selloff. Too bad, but I can't blame you...it can be nerve-wracking. Particularly if you have not had much success before.

Wish I could point you to some good reference material, but the best start is to watch it and get a feel. Pay particular attention to how it moves in correlation to the futures. Watch early volumes in the 'out-of-the-money' contracts. Watch the way the spread goes.
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