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Politics : Idea Of The Day

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To: Jerry Olson who wrote (22842)	1/22/1999 12:41:00 PM
From: Michael Rich	Read Replies (1) of 50167

Jer, Good for you! I did sell AMZN puts this morning and closed already. Looking at net stocks, the ones that hit 50ema are bouncing back sharply not the ones that hit 13ema. So I guess we will be going sideways. Be alert...yesterday's NDX put/call ratio was a scary 10:1. Be careful. I wouldn't be buying short-term calls. Later.

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