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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: zx who wrote (686)	2/14/1998 6:15:00 PM
From: Broken_Clock	Respond to of 2341

ag, call me anything you like<g> I saw a guy on NBR last night that has been effectively calling the market swings for the last year.They overlayed his chart with the actual DOW. Uncanny. He is expecting no later than summer a BIG drop in the DOW(my TV was fuzzy so i couldn't see the numbers but was well under 7000).He basically said the DOW could run to 9000 but if it did the fall would be more severe. He has a web site which I will try to locate. Drillers should power up all week.Reversal confirmed yesterday by my candlesticks and uptrend support. I am looking for OSX 107 by Wed. and a test of OSX 113 by friday. I will be keeping a very close eye on it. PK I bought Mar 40 calls on cdg yesterday at 4 1/4.They hit 4 briefly but I am happy with 4 1/4.