The OEX... gasp! Message Board

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

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To: pz who wrote (420)	1/17/1997 6:29:00 PM
From: Patrick Hartmann	of 658

Well Paul, I think that is good news for the put holders. After looking everything over (i.e. historical charts and technicals) it appears there might be a little more life in this rally. But a short pullback is overdue and I think everybody was predicting the rally will go till Friday with not too much speculation on the next week after expirations...I've got a feeling with low volume on Monday it might prove to be a good market for puts and then calls at the end of the day to prep for the Bulls coming back on Tuesday. Afterall, hasn't it been the large "houses" who have kept this rally going??? Especially towards the end of the day. So what do you think will happen on Monday when they are taking the day off???....happy MLK Patrick

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