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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: WTMHouston who wrote (10580)	4/7/1998 11:14:00 AM
From: tom pope	Respond to of 13456

>> I am leaning towards the correction mode, but am waiting a little longer to confirm..... << Troy, I subscribe to a service run by an options specialist whose name is known to anyone who deals in options, but which I don't want to mention because I wouldn't want him to cancel my subscription. FWIW, his take is that his OEX oscillator is now on a sell signal, but he does not advise buying OEX puts unless the June S&P futures contract sells below the low set in the first 1/2 hour of trading. That would mean that if the June S&P trades below 1120.5 (that low was set around 10:15, but the bottom was reached with very little pause from the outset) a confirmation of his oscillator sell signal will have been made. FWIW.