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FWIW, SP has been building a cup and handle bottom on the 10 minute
chart which appears to confirm the hold of previous pivot low and the
long signal from my NYSE breadth models which continue to look decent
(NASDAQ still on sell). A breakout through 1414 would suggest a w.3.3
impulse. Break of 1394 would be initial bearish signal. Am long SP with
tight stop.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 14, 2000 7:33 AM
Subject: [RT] last night overnight insurance
> good morning
>
> for those who are interested
>
> since being short 4 June SP
> the overnight insurance was
> selling 8 May 1300 puts at $5000 (40000)
> and buying 4 April 1400 calls at 9750 (39000)
>
>
>
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