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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (25625)9/13/1999 12:51:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
If that is the case sell naked....



To: KeepItSimple who wrote (25625)9/13/1999 12:57:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Unfortunately I think you are right. I have beenwaiting all morning for a "pretty sure" play here. I over slept and missed the chance to short this morning and I don't trust this rally yet to go long since the dollar and bond are not "behaving".

I have Max Pain set for 705 OEX with a cushion anywhere from 700 to 710 so my bias is down but the option prices are not favorable to play in the downward direction right now.

Hopeing something appears onthe chart soon as I am getting tired of doing nothing.

Good Luck,

Lee



To: KeepItSimple who wrote (25625)9/13/1999 1:02:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 99985
 
You call the moves in some of these inets NOTHING???

Take a look at etys, iiji, agil, icge, cmrc, to name a few....



To: KeepItSimple who wrote (25625)9/13/1999 1:27:00 PM
From: pigfarmer  Respond to of 99985
 
CPI may cause a sharp move... and gov't #'s tend to be market friendly, so this may be a good time to buy....bwdik