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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (26001)9/10/2002 7:41:41 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
I bot a handful of the Sept OEX 475 calls this morning moments after the open. I had a strong signal and decided to go with it in spite of the fact that I had to leave and couldn't watch.

My rationale was this: If I'm right, and there is NO terrorism problem on 9/11, the market may soar. So I'll take this position home with me tonight, which I did.

I got in this AM at 2.55 and the bid at the close was 3.00, so I'm in good shape so far. If Bin Laden rears his ugly puss tomorrow, I'll get out immediately. If not, I'll cash in BIG time. How does that sound?

Ken