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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (4764)10/30/1998 1:52:00 PM
From: Sam Nizam  Respond to of 7247
 
I bought a few OEX puts today to hedge some of my long positions. This market has gone up a lot in 2 wks. I would expect a breather early next week.

Bought a little more KNT at 16 9/16 also.



To: Tim Luke who wrote (4764)10/30/1998 1:54:00 PM
From: thebeach  Read Replies (2) | Respond to of 7247
 
I firmly believe the wall will be taken out next week.Shorts will continue to get squeezed.LU or someone might be close to making an offer.