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To: JRI who wrote (5077)6/14/2001 3:44:26 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
Options ex is a total waste of focus. The market was at Max pain for a littel bit this week which is enough time for all the big boys to get there ducks in a row. Then we trade right through it.

As for closing that gap, my earlier posts said I thought that was a good spot to rally. Who knows though. I am just gonna sit tight unles something radically changes. BTW, I don't this down today is done.



To: JRI who wrote (5077)6/14/2001 6:00:28 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
You shouldn't look to fill the boat on one shot with options IMO. You should take a partial position when you get your signal so you're in just incase it breaks fast. If the trade goes the other way for a day or two and your signal is still good to go, then deploy more IMO...