[RT] High is in

[John Cappello <jvc689@xxxxxxx>]

I have found it interesting this past few weeks reading the "High is 
in". Sooner or later one of us is going to be right and be able to 
say "I told you so"

I just did a Screen on Dow Jones Utilities with a PE between 5 and 15 
for Naked Put selling purposes. I was surprised at the number that 
came up.

I also did a similar but more elaborate screen for the S%P 500 from 
which I picked up quite a few successful Naked Put sales. 

I present that as some evidence that there is value out there.

I am neither a Bull or a Bear...and do not know whether the high is 
in or not...yet. The good thing is that everyone is focused on 
trading. 

John



------------------ Reply Separator --------------------
Originally From: Neal Hughes <traderr@xxxxxxxxxxxxx>
Subject: Re: [RT] High is in
Date: 11/17/2002 07:26am



Are you pointing at the high of 11/06 or the last bar 11/5 ?

Also, is this in reference to the last point shown at the top
of this chart?

Thanks,
-Neal.


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