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


To: Tom Trader who wrote (8016)11/6/1998 2:28:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I did not know there was a "Most bookmarked" list on threads but I agree with your assessment. How many could be interested in Index Options and futures compared to the number interested in getting rich trading 50 cent stocks.

I swapped out into a few small contracts at 42.50; I think there is a danger of dropping into the close, as the run-up may send people home covering their profits for the weekend.

Gut feel tells me there is much more up today though. So I merely hedged my guess by scaling down into the minor contracts. Heck, holding overnight is so unusual or me that holding over the weekend is really a stretch, isn't it?