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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Jerry Olson who wrote (12686)1/14/1999 9:45:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
Hi OJ, re where the markets are likely to go over the next couple of days, my bias is to the downside but that is because my system is on a sell signal

But more important is the fact that given that you have one day to expiration and the VIX being as high as it is, you may want to bail at some point unless you are convinced that it is headed much lower. If we have a strong down move -- I suspect that it will be tomorrow rather than today.

I also noticed that Pat posted that the OEX is likely to be brought down for expiration -- and he has been pretty good with his call regarding this over the past three months.

So now that I have thoroughly confused you -- flip a coin and do your thing:)
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