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


To: Monty Lenard who wrote (31572)10/14/1998 5:49:00 PM
From: robnhood  Respond to of 94695
 
Monty,, It's frustrating to watch what appears to me as blatant bulling of stocks, and no one willing to buck them.. It's refreshing to see that someone finally gives em some stock . I couldn't anymore. <g>

russell



To: Monty Lenard who wrote (31572)10/14/1998 6:02:00 PM
From: Andeveron  Respond to of 94695
 
At 3:30PM, the Dow was +85.22 with a tick of +56. By 3:35PM, the Dow was at +43.25 with a tick of -377. Just prior to the beginning of the late afternoon selloff, the Dow pushed above +100 with a tick of +674. Someone pulled the rug from under the Dow in a matter of minutes...

Still, I think we gain tomorrow and I have positioned SPX calls for the move. Open interest on SPX Oct puts overwhelm the Oct calls so looks for those puts to get pounded into dust tomorrow. Friday should be another major up day, as the past four weeks have proven to be...