MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: HairBall who wrote (69104)	2/13/2001 5:43:54 PM
From: CharlieChina	Read Replies (1) of 99985

natural gas futures and the VIX do not add up for a market drop at this time, hence, still waiting for a small rally before selling naked calls ... PANIC will only set in the NASDAQ begins to cross 2150 ... focus on selling naked calls on the techs out-of-the-money 3-4 months out and you will do fine ...but only place them over the next 2-3 weeks...thats the play in here under these circumstances ...only suckers will do other wise ...no dis-respect to the others who read this the Smoking man ...X-files

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