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Strategies & Market Trends : The Options Box

QQQ 620.87

-0.5%

Dec 29 4:00 PM EST

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To: Poet who wrote (9728)	2/27/2001 12:05:34 PM
From: hobo	Read Replies (1) of 10876

Good morning Poet & thread, Started the day buying back my BRCD calls, a quick in/out on QCOM (underlying).... and adding to my short calls on same. Still holding to short calls on NTAP, amazed at its strength. holding on to ADBE short puts. and reloaded short put on EMC. A good start again. I have figured that even with a rate cut, (which now I do not think it will be made inter-meeting), will not be sufficient to save these markets from a (perhaps, needed), sell-off. I could be wrong, and if so, I will have to cover my positions quickly.

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