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


To: Michael Rich who wrote (6879)2/23/1999 8:28:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Michael,

Right now I am playing stocks since, until yesterday, the market was only trading in a tight range for over a month with strong oscillations. Since premiums on INDEX options are so expensive and the index themselves so volitile, I preferred to play stocks. That will change soon since we have broken out of that range.

I prefer not to state my exact trades due uncomfortable experiences in the past. I am actually mainly looking at DOW type stocks which are predictable.

EDIT: Also, alot of the DOW stocks with low option premiums can produce 50% gains on 3-5 point moves. The HiTechs options are mainly quite expensive where one would only get 50% on a 10 point move.

seeya