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


To: Jeffrey S. Lillie who wrote (24000)1/14/2003 11:44:10 AM
From: Softechie  Respond to of 30712
 
I don't think so...distribution at the top IMO...



To: Jeffrey S. Lillie who wrote (24000)1/14/2003 1:44:22 PM
From: Mike M  Respond to of 30712
 
<<the fact that things arent dropping and indicators are working off the overbought condition is actually very bullish. my plan has been to get a selloff today and sell all puts into that. need the selloff to go deeper though.>>

Awful hard to make any money with puts in this kind of market. MM's just take the air out of the premium. Tomorrow might be a "C" correction. Tough way to make a living.



To: Jeffrey S. Lillie who wrote (24000)1/14/2003 1:44:22 PM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
just went short via spx puts at spx 930. may close at eod if we get a selloff.
j