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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (8864)3/6/2002 8:14:22 AM
From: russwinter  Read Replies (2) | Respond to of 36161
 
I'm debating a June 290 put write @ 6.30 (294.40 underlying).

What do I look for on timing?



To: Louis V. Lambrecht who wrote (8864)3/6/2002 9:28:13 AM
From: Paul Shread  Read Replies (1) | Respond to of 36161
 
Great info, Louis. Many thanks. What worried me besides the 20 DMA breaks in both Comex gold and the HUI was the Comex daily chart: a wave down; a flat; another wave down; a sharp rally; and now the start of another wave down. In Elliott terms, that's a textbook impulsive trend, and thus may have much more to go.


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