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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (9128)9/5/2002 6:05:34 PM
From: herry iball  Respond to of 48461
 
Yup.

Was just gonna flip them for a day trade, but am wondering about the (assumed) Fed liquidity pump that I believe you also think may happen next week.

Could take INTC up nicely now that doom/gloom was not spelled out for the near future.

Morning unemployment/workweek numbers could put the kybosh on any move up. If INTC holds that 15 in another downdraft it should move nicely when indices turn.

I picked up some OEX puts during yesterday's zoom bang at end of day. Normally I just trade the SPX options, but gave the oex a try since I noticed I could get them nice and cheap yesterday, and then this morning I noticed that those puppies trade before the market opens.

Now THAT I like.
Been trading options for two years, and it never occurred to me to even look at the OEX, lol.

Today, closed off most of those puts I bought during the last couple weeks, still holding some for the next leg down having rolled the Sept's into Oct to slow up erosion.

Next Week: The Fed, and Bargain Hunters v.s. Fear, and Warnings Season surprises.

Gonna be interesting.