Zeev's Turnips - No Politics Message Board

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

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To: Steve Lee who started this subject	3/23/2002 1:19:28 AM
From: ajtj99	Read Replies (4) of 99280

VIX, put call, trader sentiment are all pretty bearish right now. So bearish that it is difficult to see a sustained rally around the corner. I got some QQQ April 37 calls this AM at an average cost of 1.22, and right now they are close to even. However, if we drop below the rising support line off the Feb. 22 low, I'm going about 75% short. If the BPNDX drops below the 20-day EMA, I'm totally short and puts.

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