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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (5022)9/15/2000 10:05:26 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 10876
 
Poet,
I don't doubt that we could have a little weakness at the open on Monday, but I am convinced that the weakness today was options related and that the market will bounce from here. My only two options positions are DITM so I am sanguine about a little pullback....now, a big Kahuna would cause a bit of a problem. If the market has too much weakness on Monday, I will switch over to the dark side.

Did you see that the 10yr and 30yr bond yields are now back to normal after being inverted since last Jan/Feb?

The inverted yield curves have been a big concern for some time, but I don't know exactly how this affects the stock market.
JXM