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To: Broken_Clock who wrote (15481)3/19/1998 11:27:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 95453
 
This sector is nuts.A true rollercoaster ride.I guess oil not continuing up and rumors that the opec meeting was just a rumor is putting the brakes on the buying.GD



To: Broken_Clock who wrote (15481)3/19/1998 11:34:00 AM
From: SJS  Read Replies (1) | Respond to of 95453
 
PK,

You know how I feel about what I am seeing now. No rose colored glass here. I would be using this opportunity to average down longer term investments within this spike by selectively selling calls -OR- day trading.

The latter, as we can almost attest to, is not for the faint of heart.

We may rebounce, though. Options week does create havoc and this is a triple witch!! (End of quarter, etc)