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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (2008)10/21/1998 2:23:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
CB,

That's 2.5 bucks more than I'll get!

Commissions on options nearly take the fun out of doin' 'em, IMO. Still, I keep telling myself to quit, but I don't. There's a name for this condition... slips my mind at the moment <G>.

Agree NOVL looks good for a short here. I thought the heavy volume coming in the last few days would push it out to new 52 week highs, but not yet. Up a little today, so far.

I'm not too sure I want to be in the market right away. Earnings are somewhat better than were expected. Money appears to be flowing back to mutual funds. Etc. I'm not confident we've seen a bottom, but neither am I brave enough to do much either way.

Ken (the watcher)