|
PureBytes Links
Trading Reference Links
|
In a message dated 10/13/99 10:34:50 PM Eastern Daylight Time,
bobrabcd@xxxxxxxxxxxxx writes:
<< Let's ask the opposite question also, "How high can it go?". The last
three
times the OEX came off the 670 level it had sizeable gains in one or more
days. The time the modified Hines ratio hit the outright buy calls level on
September 3 the OEX had a 20.39 up move the next day. October 4th it had a
12.62 up. August 13 it had 16.4 up. June 28 it had a run all the way to
735. Sentiment is even more negative today than previously and the dollar,
interest rates, inflation environments, earnings are being looked at with a
microscope this time. Also tax loss selling and Y2k were not as
influential.
BobRoeske >>
hello
we are almost at bottom
if by 12 noon est we do not take out yesterdays low AND vix trades >31
we can buy calls
|