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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

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To: pater tenebrarum who wrote (47281)	4/19/2000 11:16:00 AM
From: AllansAlias	Read Replies (1) of 99985

I've just bid on some AMZN May 30 puts and am looking to add to my short position as we continue to rally. I have been looking for wounded charts with lots of air under them, under the assumption that these will fall to dizzying lows when we go back down. I opine that the more pure Internet plays would be even better candidates. Volatility is demanding a high premium, but I am betting nonetheless, that deep out of the money puts will pay handsomely. Question: To the more learned bears: What would your choice candidates be? Suggestions are much appreciated. Thank you. --Allan

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