SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bald Man from Mars who wrote (88)2/8/2000 5:35:00 PM
From: Lee Lichterman III  Read Replies (2) of 428
 
Well I am trying to join you. I had low bid on QQQ puts that was hit but Waterhouse is telling me no fill. CSCO up 6 after hours so they may be doing me a favor.

Regardless, I don't have my data in yet but I am pretty sure we just hit my target for the NASDAQ and NDX and should head down from here. If we get a morning pop up, I will most likely be going short the NASDAQ adding more each day until it breaks.

Like I said, no data yet so I may change my mind but after a few days of nibbling on puts with very low bids, I have been making my bids a little more realistic and hitable each day and tomorrow I may just get aggressive for a fill. VIX at 22, good news priced in and teh last winner stock has reported and the earings don't look that great to me minus the accounting gimmicks.

DELL is the only one left that may pop things up since they warned and lowered expectations but PC makers are old news now IMO so I belive we are near the top.

By the way, I called Waterhouse about the Profunds and a phone in order can be done up till 3:10 and web orders can only be done until 2:00. The buy in is cheaper than most though at only $5K which helps with the legging in approach we use.

Good Luck,

Lee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext