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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (3934)1/13/1999 11:54:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Today the "IN CLUB" cleaned most of the calls written, and wrote plenty of puts.

There was no continuation to the sharp down opening and the market reversed quite strongly.

All those that were sitting on the sideline went in in droves IMHO.

To clear the puts and cash the call, WS will run the market up into expiration.

BWDIK
Haim


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