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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (36923)1/29/1999 4:56:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 94695
 
GZ,

The thermonuclear short was a S&P futures sell from 1275, which i covered on the rebound. I'm core short oex 650's (puts), LU 115's, and AMZN shares from 125. I've been nursing these 650's by buying s&p's in overnight trades to hedge the risk, and am just about breaking even.

Went ahead and added OEX 605's on the close for a little O.T.M. cowboy play. I can't resist adding shorts up here in the 80's, because the pattern i'm trading doesn't allow a new high in the SPH9.

Regards,

David

P.S. I'll go ahead and make that 1264 trade this a.m. a freebie, but rest assured i'll get you full bore when i deliver the big kill. <g>