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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (5186)10/2/1998 10:16:00 AM
From: TradeOfTheDay  Read Replies (1) | Respond to of 44573
 
Glad I didn't go for that cheap bounce with the OEX... would have been expensive



To: Patrick Slevin who wrote (5186)10/2/1998 10:18:00 AM
From: SE  Respond to of 44573
 
So far, again today everytime the PREM goes over 10, just short it.

Now I am really getting pissed...



To: Patrick Slevin who wrote (5186)10/2/1998 10:28:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
The selling pressure is intense

I think that I saw the premium go into negative territory a little earlier.

Clinton sounded almost worried as he was talking about the IMF thing.

I'll use Don's numbers as a guide for when to write puts--assuming that I have the cajones to do it when the time comes. If it begins to break after I do that -- I'll just exit and take a loss.