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To: Jerry Olson who wrote (87341)12/11/2003 4:12:44 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
I think we have a shot at retesting today's low by monday before any move up... JMO



To: Jerry Olson who wrote (87341)12/11/2003 4:22:05 PM
From: Jerry Olson  Respond to of 209892
 
btw

the OEX broke a 52 week high today



To: Jerry Olson who wrote (87341)12/11/2003 4:42:20 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Thanks, Jerry.

My big bugaboo about non-tech... and it's probably "noise" -- the huge number of Calls vs. Puts at this level. Besides the OEX, some individual issues show it, too. Like C. Now, there's a lot of ways this plays out. We go up higher and drift down some, then launch after expiry. We simply go up with delta hedging making it bigger. Or we drift lower after some sorta new highs?

It's all confusing, as usual, to this freep, but at least I've mostly stayed on the right side lately.

the freep