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

To: Poet who wrote (10653)	4/25/2001 8:29:37 AM
From: Rambi	Read Replies (1) \| Respond to of 10876

Good morning, Po, It seems that there are opposing opinions out there about today. Donald Sew's Index Update maybe says it best- With midrange readings the potential downside room is similar to potential upside room. Its smack in the middle, which I consider FLIP-of-the COIN territory. The futures are dropping. Velo sees strong support at 2000 for the NAZ and a bounce this morning for the SPX although I'm not sure off which support- looks as if it might open below the 1210 one... and there are certainly some crash predictions as well. Wondering whether to shed those SPX calls fast and take a small loss and hope to make money on those puts or hold everything. Straddling is an uncomfortable position! I feel like a Rambi divided...(and a Rambi divided can not stand...)