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


To: donald sew who wrote (6694)2/19/1999 1:41:00 PM
From: Jack of All Trades  Respond to of 99985
 
Ahh that explains it, I was looking at the OEX 620's and there was something like an $8 prem on the April vs March...



To: donald sew who wrote (6694)2/19/1999 1:50:00 PM
From: Lee Lichterman III  Read Replies (3) | Respond to of 99985
 
Not much to get today. I tried to catch that right shoulder on the OEX 6 minute chart with OEYNF at 7 1/4 limit order. 20 contracts traded 16 seconds after my order bt mine was not in that group. Shot to 8 3/4 and was told I didn't get the fill. Ahhh the difference between trading paper and real green!! Amazing how the fills are harder when your right too!

Are you looking for a tank on the close or do you thing this support forming here will hold? I may just shut down and wait it out. I really would like to get one trade to show for taking time off.

Futures thread is projecting a move soon. I can't decide if this is a descending triangle or a bull flag so far. VIX acts like it may have bottomed and is trying to turn up here.

Maybe I should just sit today out, fasten my seat belt and wait for a fireworks display. Something has to give here sooner or later as you pointed out last night.

Good Luck,

Lee