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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (3653)6/17/2003 3:20:59 PM
From: TraderWithNoName  Read Replies (1) | Respond to of 4058
 
I was hoping no one would notice my little mistake.

I will change the wording next month!

Just getting lazy and sloppy(G)....that always happens to me when I'm making too much money in the market!



To: Dan Duchardt who wrote (3653)6/17/2003 4:31:47 PM
From: Ken Adams  Read Replies (1) | Respond to of 4058
 
Dan,

I don't try to predict the market very often. However, as I've posted here another time or three, those NYSE stocks above their 200 day MA reached 88% yesterday. In my 12 years of keeping this daily record it's never been that high. Previously, at 85% the market has gone into a nose dive. I can't find a reason for it not to do so at 88%. Maybe not by Friday, but I'm loading up on puts with a July expiration. FWIW