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Strategies & Market Trends : The Options Box
QQQ 590.07+0.8%Nov 21 4:00 PM EST
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To: TradeOfTheDay who wrote (302)5/16/2000 9:15:00 AM
From: Poet  Read Replies (1) of 10876
 
Honesty, particularly about our trading, will never be ridiculed here, I promise you. And nope, I don't think you're nuts at all. I'm expecting a rally this morning but I don't think (unless Greenspan changes the tightening bias to neutral) that the rally will last very long. The next FOMC meeting is June 27th, I believe, which gives him another opportunity to raise rates before elections.

I've just set up some sell orders and am looking to write the May 115 cc's on my QCOM if I can get a premium in the $2 neighborhood, will look for shorts this afternoon.
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