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Strategies & Market Trends : The OEX... gasp!
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To: Mark Soberman who wrote (343)1/15/1997 12:12:00 AM
From: Patrick Slevin   of 658
 
Gee, I dunno. I'm glad you got out of those puts tho. I think you could make short term gains if you go long after a morning selloff of say...30 or 40 points on the Dow. I think the OEX goes out on Friday over 750, probably 755.

Someone called me and said INTC had negative news after the bell. That could be just the trigger to get some Jan calls (in-the-money) on a selloff for a rally.
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