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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (18766)3/18/1999 10:35:00 AM
From: Bull RidaH  Read Replies (2) | Respond to of 44573
 
Arik,

I've decided to limit option buys to 4 weeks out or more to give the trade a chance to work without losing 4 pounds in sweat while i'm waiting. They hate to let you make $$$ on short duration puts... I've tried and tried and it rarely happens. As long as NYSE 614.20 holds, you got a great chance still. If it gives way, time to bail and go long.

David



To: Arik T.G. who wrote (18766)3/18/1999 10:43:00 AM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
Arik,
Maybe those sell programs overnight were a setup...

Might Drive the market higher into the afternoon and knock it for then....
So far 1303-4spx is holding
TRIN also at .55