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Strategies & Market Trends : The OEX... gasp!
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To: Patrick Slevin who wrote (444)1/24/1997 10:16:00 PM
From: Richard J. Byrd   of 658
 
You're absolutly right. My biggest trading error, like most traders, is holding too long (Oh! if I just hang on, this is sure to turn around and go back up -- BIG MISTAKE).
Right now I am hanging onto my out-of-the-money Puts I got on Tuesday; there're looking awfully good after the last two days of hammering the market got -BUT - For how long? Is this turndown going to be all over by the end of Monday??
Which side are you expecting to play on Monday?
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