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 : Ultra OTC Fund - UOPIX
UOPIX 141.28+5.2%Nov 24 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (767)10/26/2000 9:30:37 AM
From: James F. Hopkins  Read Replies (1) of 2063
 
Thanx Tom; I will tear into it ASAP, I haven't started
AIM yet, never took the time to understood it :-)
I do mostly trade indexes via Funds, QQQ DIA and SPY
looking at the ishares some.
I'm not a good stock picker but a sucker for grabbing
what looks like a fire sale, if it's got good
options I play off.
Just took a chance on T at 23-3/8 and sold covered
calls at 20 for 8-1/2..( cost is 15.08 with commissions )
I feel they should get at least 20 for the parts.
Took a little GE the other day via a bull spread
2002 (30 to 50) , cost 13.13, OR break even on GE by
jan 2002 is 43.13 .
Been ducking in and out of ROGSX, and trading some
QQQs when the VIX gets high/low I love the VIX for
a signal , I mostly use it by ( oex /vix )
------------------
In as much as the UOPIX has a relationship with the
QQQ the idea came to me that if I'm in QQQ like now
and the market falls hard, I might rob from
QQQ holdings to pick up UOPIX, I haven't studied on
it as yet, but the idea seems worth a look.

I want to learn more about AIM so I'll be back.
Jim

PS early VOL indicates CSCO will be key to watch for
the NDX today.
I watch the 12 most dollar traded stocks ( 3 mo avg)
in the NDX picking them via VOL X price.
IT's a "very short term" NDX indicator.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext