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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (20147)1/9/2002 3:12:30 PM
From: ajtj99  Read Replies (1) of 99280
 
It looks like you got my point, even though I stated it poorly (high cash vs low cash). Anyway, I thought you'd be at 80%, but 70% makes sense to me.

I tried to get some USPIX, but missed the daily cutoff, so I settled for some QQQ Jan. 43 puts at 1.50 and QQQ Feb. 42 puts at 2.15 (Sorry I did these about an hour ago and did not post in real time as is the rule here <G>).

Looking at the weakness here and expect the first casualty to be the gap-up from this AM, then a small bounce to possibly re-trace to 2078, then down again. That doesn't have to all happen today, however.
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