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

To: Haim R. Branisteanu who wrote (31487)	10/13/1998 11:05:00 PM
From: Moominoid	Read Replies (1) \| Respond to of 94695

Bill, if you want to know were the insider thing the market is moving look at deep in the money equity option. This won't work if the Black-Scholes model is right. It's like the futures price is normally above the physical and higher the further to expiry. That's an indication that the expected trend is neutral. However, on options even this isn't supposed to enter. David