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Strategies & Market Trends : The Options Box

QQQ 625.58

-0.3%

Dec 11 4:00 PM EST

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To: Poet who wrote (9227)	1/31/2001 10:00:02 PM
From: dli	Read Replies (1) of 10876

Poet, sorry for taking so long to respond. I've been rather busy lately (work on my thesis and other stuff) and haven't had much time to spend on SI. My trading is going well. Today's market really followed the textbook to the letter. I picked up some MNX and PMCS puts in the morning and took advantage of the early selloff in the DRG to add some MRK and PFE calls in anticipation of tech weakness. The drug rotation trade has been one of the most reliable trades recently. In hindsight I should have taken larger positions but I was concerned that this scenario was just too obvious. Dave

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