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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: nycnpbbkr who wrote (14168)8/7/1998 3:17:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 42787
 
NYCNPBBKR:
I've been trading the OEX/SPX puts during this weeks downturn.
Interested in your posts and noted you did a quick in/out on the OEX puts today. Did you have any indicator that triggered your buy in point; I noticed the SPX hit overhead resistance at about 10:30 am at 1102, then fell back about 20% and tried again, reaching 1102 or so at about 12:30 pm before dropping back to flat/down.
Seems that puts will again close with little gain/loss today, as your earlier posts indicate.
Do you see any potential profits in Aug/Sept OEX/SPX puts, other than the quick intraday trade like today?
Thanks
Vocex