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Strategies & Market Trends : The Options Box
QQQ 625.05+0.1%Dec 9 4:00 PM EST

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To: hobo who wrote (9775)2/28/2001 11:01:52 AM
From: Poet  Read Replies (1) of 10876
 
AG is finishing up his testimony now and the market looks very tenuous to me. Did you notice the flash on the screen that Walter Angell has changed his call from "rate cut this week" to "rate cut not until March 20"? I am thinking this market will indeed fall apart today after AG leaves the TV screen. Remember, this is the day that Hahn is looking at as a violent flush.

I sold a few ITWO March 30 puts (QYJOF) and will add to the position after the carnage is over. Right now, I think short is the path of least resistance.
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