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

To: Broken_Clock who wrote (836)	3/4/1998 11:27:00 PM
From: zx	Respond to of 2341

hi PK, and everyone else. in oct/nov i did well on driller calls. i have a little FGII now. IMO: i think that drillers will not do great until the price of oil goes up, and the mess in SEA may be decreasing the worlds need for oil, and Iraq is going to be exporting lot more crude now. the US economy may also slow down a bit. the growth stocks with high PE's will be in trouble when they falter. wish i would have put INTC at 95. the next three days will be interesting. am looking for more put suggestions, and will keep looking myself. ag