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Strategies & Market Trends : The Options Box

QQQ 620.76

+0.7%

Jan 22 4:00 PM EST

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To: Poet who wrote (10453)	4/18/2001 11:35:05 AM
From: hobo	Read Replies (1) of 10876

Hi Po, Good to see (read) you... Yes, I am really glad, I was short 20 contracts, and covered them this AM... My decision has been similar to you in the sense that the first part of this month was very good to me... only to give it back in the later part... i.e. whipsawed Frankly, I gave up attempting to read this thing.... after the CISCO news, I was convinced we would go down (so I covered my ADBE short put etc etc etc ....) and yesterday was completely unexplainable to me... So this AM, (after seeing the futures at limit up), I decided to play it safe, covered and I will now coast to expiration to see if I can make sense or start reading this thing better. I am very happy to hear you are all cash.

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