The OEX... gasp! Message Board

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

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To: Patrick Slevin who wrote (440)	1/22/1997 10:21:00 PM
From: Richard J. Byrd	of 658

Sorry, I thought from your msg of 1/21 you were in calls going into today. My signals agree with yours as to some more upside in this market and then were going to be in for a whallop correction. It is hanging at the top and any sort of bad new will set it going down however it is likely to be steep, but short; you've got to be positioned. My question now is, do I get ino some puts now, Feb or even March (Oh God, I never go that far out), to be positioned for the drop, or just try to catch the wave while its moving? What do you think? Dick

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