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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (20856)	6/23/1998 11:24:00 AM
From: epicure	Respond to of 94695

Opec is rumbling about making bigger production cuts- last I checked oil futures were up

To: yard_man who wrote (20856)	6/23/1998 11:40:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Yes oil is up, seems they play the DJT , against oil. It don't make sense that they do it so close but they do, they must be able to trade cheaper than me. Lucky I saw that trend in MSFT and dumped out of them puts, I can buy them back today for a song. I will watch her for profit taking and move up a strike if I see her roll over, but those I sold will likely expire worthless. So much for giving them time when your on the wrong side of a trend. The S&P resistance is at 1120..I'm now most sure we will at least test it. Jim