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Strategies & Market Trends : The Options Box

QQQ 608.89

+0.6%

Nov 25 4:00 PM EST

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To: Poet who wrote (376)	5/17/2000 8:31:00 AM
From: Hobie1Kenobe	Read Replies (1) of 10876

Poet, Nice call on the QQQ puts (if this downtick holds). I went short yesterday afternoon on ELON and SDLI believing the ramp was exhausting itself (I am by nature an optimist, but that has cost me greatly in this market - lately my best trades have been to the short side - never thought I would do this, but you have to learn to go both ways....). This dip may merely be a headfake to get the big boys (and girls) in at better prices, but I'll take a scalp where I can get it. Good luck. JF3

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