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Pastimes : Ask da_cheif
MVIS 0.670-4.4%Feb 5 3:59 PM EST

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To: GROUND ZERO™ who wrote (7153)11/14/2001 7:02:53 AM
From: Moominoid  Read Replies (1) of 8150
 
This is a runaway rally :) I believe that maybe 50% of the NAS crash will be retraced before an important top. That's what e-wave is telling me. Only thing I'm concerned about is my covered calls on News Corp. Rise in Aussie dollar might just give me a perfect landing just below the strike. As the AUD goes up the value of News goes down in Aussie dollars as most of the profit is earned overseas. But I bought QQQ calls yesterday ( and had sworn never to buy options again, only sell them), because things looked just so well set up. As I heard the Taliban were fleeing Kabul I bought them here in the Aussie market.
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