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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: c_hl who wrote (9551)2/7/2006 8:37:35 PM
From: GROUND ZERO™  Respond to of 12411
 
That's fine... I'll just stay short either way... if prices keep moving lower, I'll take my profits as a covered Put, and if prices turn up, then I'll keep the short Put during the long position just to scoop out a few more points from the market... one way or the other, it would work for me, it's still another 20.9 points with nothing to do but wait it out, you can't get those points in the front month...

I just looked at the June, the 1260 Put is 34.5 points, now that is tempting...

GZ



To: c_hl who wrote (9551)2/8/2006 4:13:48 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
The Nikkei is down 448 points overnight, and closing right on it's bottom tick... if this catches on, we could possibly see 1225.00ish or lower...

finance.yahoo.com

GZ