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 Strategies & Market Trends : The OEX... gasp!

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To: Stuart Briscoe who wrote (203)12/15/1996 6:35:00 PM
From: Jerry Rosenberg of 658
 
I decided to hold the LE's into monday AM!

At worst I may hold them into Wed AM. The Huge, huge put volume
argues for a contrarian view. I think the floor traders wanted the price decay on the puts and kept the market sideways. Some price
oscillation was needed to trip stop losses on both sides.

Intestinal fortitude required to trade OEX's.


jerry
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