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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: shasta23 who wrote (25523)	3/9/2000 8:02:00 PM
From: Iris Shih	Read Replies (2) of 68426

Hi Stefan, Sometimes it's good to just step back and review one's trade for a while. I do this often. I don't encourage you to play options, too. Highly risky. I usually buy shares instead options. I also spread my trades over several sectors. Not putting all my eggs in one basket. This time I try buying i-net options for earning plays, ie yhoo, cmgi, dclk, since most of them have consolidated for about 1~2 months. When I started accumulating them, the premium of the options was quite reasonable. Not now, I guess. I will only hold them for about 1/2~1 month. I do expect them to go down again in a few weeks. I'm still expecting a big summer selloff for now. Might change my mind anytime! (G~) Always have my eyes on exit. Iris

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