tue 7/1/2008 8:33pm

it's hard to trade these days as the panic factor just is not there so premiums are not high enough for play. about the only trades worth doing are 2 level pivot trades. for instance, setting a daily buy for 165 or 170 for aapl when the stock is 174 last week. something i may do tomorrow is buying aapl at 160.41, which is the 2 level for tomorrow. naturally, i would not be using the exact s2 pivot number as i'd be crowded there. yes, tough to make money nowadays. paul