The Options Box

[Poet]

Hi Bob,

The dinner went well, thanks for asking. I've got a vegetarian daughter and one who can't eat milk products, so every meal I make is sure to disappoint someone. -g On the other hand, she loved her gift: my IBM Thinkpad. I just don't travel enough to use it, and besides, it's heavy! Do you or anyone else know of a reasonably-priced and light laptop?

About the OEX, I'm watching what you and Bernard are doing pretty closely and it looks promising. At this point, most of my trades are designed as position trades based on volatility changes and other elements of the options themselves (like time decay)as much as general market patterns. Not that I'm successful all the time, but it works OK for me at this point. The heartbreaking thing about the market -- and what makes trading so interesting-- is that just when you think you've got your system and patterns down pat, something always comes along to flummox things.

Smooch!