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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (9203)	11/5/1997 8:26:00 PM
From: Ed Pittman	Read Replies (1) \| Respond to of 94695

Haim.. Sorry to mix the Intel and OEX..I didn't mean it that way.. I was think of buying oEX Puts on last friday...So I ask the broker what strike price is in the $ 4 to $ 5 area...he stated none...the Lowest was a 760 put going for $ 6.00...I told him they are crazy...So I bought intel puts instead of buying puts on the OEX..Which has worked out better... Now my system has nothing to do with Fib. numbers but just all I do is draw lines on a chart to get reversal days and tops and bottoms..It amazes me how it works...Not a 100% tho, what is ...I'm just starting to figure it out...It needs a lot of work..But, its fun doing.. Good trading, Ed