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Re: Bernard Ng post# 17539

Wednesday, 08/09/2006 9:07:51 PM

Wednesday, August 09, 2006 9:07:51 PM

Post# of 18894
Hello Bernard

I am in Puts on the spx here from around the 1279 level today and I may or may not hold these longer term, they are Sept's.

Here is a chart from Jack of all Trades on SI that shows forks on the SPX and my targets for this fall I believe will come very close to the midtine of the large red forks.

http://www.ttrader.com/mycharts/display.php?p=40473&u=joat&a=Jacks%20Charts&id=202

Just curious about your take with huge price swings of the past few days.

Good trading Bernard

steve

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