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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Vance who wrote (13)12/15/1998 12:44:00 PM
From: Patrick Slevin  Respond to of 7434
 
Heh; I was hoping you would have waited until December of '99 to respond.

It could have made this the most rarely posted to thread each year. Top of the "Cold Topics List".

Right now I've been day trading but I'm getting a solid feel for one, two, three days out and I thought once in a while there may be a good options play to accompany that.

Of course, the E-Mini or the DJ Futures could do (and probably better); but I thought you might feel more comfortable with the OEX Options.

In any event, it would be a "once in a while" trade. Not something for every day; if you really have interest, that is.



To: Andrew Vance who wrote (13)12/23/1998 9:05:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Okay, low probability play but won't lose you much money if incorrect.

Buy a small amount of OEX puts at about 1:30, or 2 EST ---- try to do it when the market is slowing down.

Hold into the close or perhaps tomorrow for a possible retracement of Monday's gains.

As always, Mr. Phelps..........


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