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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (28194)7/20/1999 4:33:00 PM
From: r.edwards  Read Replies (1) | Respond to of 44573
 
I "WAS" going to buy them yesterday....he he, I'll lurk in the a.m. Bye



To: GROUND ZERO™ who wrote (28194)7/21/1999 1:04:00 AM
From: mozek  Read Replies (1) | Respond to of 44573
 
Ground Zero or anyone,
It looks to me that NDX and SP futures are way up right now relative to fair value. While globex shows +645 on NDX, it looks like +3000 relative to the close. Am I reading this incorrectly? On Monday, I sold a small fortune in calls expecting a selloff. I'm wondering whether I should consider buying them back. Even if we're up as much as it looks like to me, my original scenario called for an annual top Monday, and I may hold the position till expiry (Aug & Sept).

Thanks for any help,
Mike