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

To: scotty who wrote (828)	3/4/1998 6:44:00 PM
From: Broken_Clock	Respond to of 2341

I've got the globex. Thanks on dbc. BB- Oils were up on Mon/Tues when techs were down. Hopefully, the trend(which reversed today) will reverse back tomorrow. Otherwise the cheap puts I picked up on SLB at the close will help make up for the money I will lose on the calls!OSX closed at under 110. I expect we'll blow through 108 in the first half hour if this turns into a real rout on the market. The spill over will be huge.S & P sinking like a stone and now down 13. It's looking like panic time on wall street.I shoulda been buying puts all day today but at least I've kept 60% in cash for tomorrow. Last Oct. they pushed a CB gold sale rumor the day BEFORE the big tank. Guess what happened yesterday? CB gold sale rumor.Bingo!Gotta learn to mix my TA with my gut. Techs lead the Oct. dump too...just like Monday/Tuesday this week. PK