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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (13866)	2/5/1998 3:05:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 18056

Ok Pete. Here are the contrarian signals you are expecting. Today I bought: 1. HWP Feb 65 calls. 2. OEX March 465 puts with equal amount of money (Yup, I still got some left, amazing, ain't it? -g-). My logic: If the market breaks out, HWP should fly. HWP may also fly in anticipation of a "good" earnings report. Until yesterday it pegged at a solid support level - 60! So, one can gamble on a "little" downside risk. OTOH, If the market tanks... I am covered with OEX puts. -Mohan