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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (46792)6/24/1998 2:07:00 PM
From: broken_cookie  Read Replies (1) | Respond to of 58727
 
Fred,

Has your long or flat OTC system signaled a buy?



To: Stoctrash who wrote (46792)6/24/1998 2:12:00 PM
From: Patrick Slevin  Respond to of 58727
 
I was just looking at the Rydex Nova and Ursa funds in a book I have.....seems they are into more than just spoo investments, as I earlier thought.

Also, the Nova seems to perform differently than the spoo/SPX.

This was just based on a quick glance, I don't think I would ever get too deep with it....at least not yet.

I think I'm going to shut down, take the rest of the gains and head out. Probably will drop in on Friday. Good luck.



To: Stoctrash who wrote (46792)6/24/1998 2:17:00 PM
From: Patrick Slevin  Respond to of 58727
 
BTW, if you are going to get long then my advice would be to do so before the SPX hits new highs.

This is based on the likely scenario that a new high in the SPX will cause a late rush upwards as the "All is Well" mentality sets back in.


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