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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ig who wrote (19177)	12/10/2002 6:10:20 AM
From: nsumir81	Respond to of 30712

Nice futures ramp from last night. Something is up? eom

To: ig who wrote (19177)	12/10/2002 9:15:38 AM
From: CapitalistHogg™	Respond to of 30712

<However, I have heard that the Wednesday a week prior to options expiration is when options begin to suffer the greatest time decay, and I've been advised that a day or two prior to that time is a good time to start looking at the next month.> Yes, you are probably right. I was thinking that too, but I was also expecting some volatility. Right now I'm hedged so the only way I will lose money is if the qqq's go nowhere. It looks like todays opening will be very close to the close of yesterday. I will wait and see, and watch the tape closely for an opening. What are your thoughts about intervention?