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was Steve

11/07/02 3:36 PM

#9612 RE: makomemoney #9609

YEs they are. I WILL be buying calls as a hedge and we also should be getting a nice lod at eod sigal if im not mistaken.

i have been eying the 875 spx nov calls. had a limit order in at 32.9 earlier and didnt reach. will shoot for 28-29 now.
s

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bbgold

11/07/02 3:37 PM

#9613 RE: makomemoney #9609

BTW, LOD at EOD is an Phenomenon
Just as with the HOD at EOD yesterday it is just something that Happens. That is what the markets Like to do for some reason, primarily the Dow and the S&P. Whenever those LODs or HODs are overextended is where they are most useful for making a Contrarian trade. Not saying that Calls are a given here as we could Easily go Lower tomorrow. Just something to keep in mind when following the market moves.
Good Luck Scott! :^)

Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!