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Hi rt's
as you may know i have 4 sep 515 puts and 1 sep 500 put in the oex. I'd
like to answer a common question. That is, why did i do it. The answer:
I feel the adv/dec is one sign, transportation is down nearly 20%, the
"Gann", jerry favors outlook of a possible crash. I do not understand much
of gann, but i would love to learn more. Also, the way there is no follow
through to the upside, LIKE TODAY with 1 and 1/2 hours left!
basically just common sense observations and gut........(there are probably
more reasons, but they all seen pretty basic)
enjoy the ride down
gary
hawaii
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