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 : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote (6800)4/21/2000 1:57:00 PM
From: Tim O.  Read Replies (1) of 8096
 
One Head and Shoulders measurement is NDX 2300. It's not out of the realm of reality. Monday will be another nail-biter. Economy is still strong, so hopefully there won't be a Big Kahuna.

I usually like to hold positions for a couple of weeks, but this market is too dicey, so I'm going for quick, small, hit-and-run profits. I'm also not hesitant to cut losses if a position goes wrong on me. Most of my short puts are about 10-25% out of the money, so when the market goes sour, I'll have to decide if I want to ride it out or cut losses. I've made some overly risky mistakes, but fortunately my short-puts gains this month are still more than my losses.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext