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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: manfmnantucket who wrote (2400)8/30/2000 9:43:11 AM
From: Louis V. Lambrecht  Respond to of 100058
 
MfN - $1 on an option at 1/8th or even 1/4th if you are near a strike....
In the case of options, you still need to close before the market close. As the Market on Close trades can go anywhere.
If I traded that way, I wold need a whole month to recuperate. ROFL.



To: manfmnantucket who wrote (2400)8/30/2000 9:45:02 AM
From: FLACK  Read Replies (1) | Respond to of 100058
 
MfN re: rat tail
I called the last closing action a Kangaroo Tail
and somewhere along the thread you began calling it
a Rat Tail.
Either way the swing up at the end is either something
to play OR avoid. I avoid it by closing out
short positions about 5 - 10 minutes before the
closing bell.


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