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Strategies & Market Trends : The Options Box

QQQ 608.86

+0.1%

4:00 PM EST

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To: Rich1 who wrote (7033)	11/11/2000 2:02:39 PM
From: Poet	Read Replies (1) of 10876

FWIW, I think we'll pivot on Monday or Tuesday and go positive into expiry on Friday, so we'll be able to breathe a wee sigh of relief. I'm just very concerned about what the next few weeks after that will bring us (geopolitically) and how an already-nervous market will react. I'm looking to re-enter GE in the low 40's, BTW. I did pretty well with calls when it dumped a few weeks ago. And since its volatility is rather low, the price of calls is relatively inexpensive. It'd be a great opportunity to buy some GE LEAPs. I'm also researching defense stocks like LMT (Lockheed Martin), now at support at $31 and change.

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