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Strategies & Market Trends : DJX (Dow Jones Ind. Avg. options)

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To: MJR who wrote (12)2/24/1998 8:41:00 AM
From: david siple  Read Replies (2) of 33
 
hi there. I am holding on to my december 7600's. At an average price of about $3.70. Not so much thar i feel like a bear, but because before then I believe we will have a few huge drops in the market: whether 's the 2nd , 3rd q's showing REAL Side effects; gulf war; bad sentiment; terrorism; etc.
I call it insurance.
Most of my holdings are long.
What are you thinking of? puts or calls on the djx?
--ds
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