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


To: Stephen M. DeMoss who wrote (29770)10/14/1999 10:35:00 PM
From: KeepItSimple  Respond to of 99985
 
>=Black Friday.

Actually, I hope it is black friday afternoon. I have a rather large chunk of cash that I would like to use to purchase a truckload of november puts on tech stocks and internuts, but unfortunately the banks on the west coast open at 9, which is 2 1/2 hours after the brokerages open.

So, the best possible situation would be for the market to rally until around 9:45 pacific. Then it can tank. ;)

I've got quite a few oct puts, but not as many as I'd like. The only problem will be the poor suckers who sold me puts for pennies will likely default and be unable to pay the $20 after the crash.