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

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To: vampire who wrote (66677)5/14/2002 11:02:55 AM
From: Jeffrey S. Lillie  Read Replies (2) of 99280
 
Westie might not be posting, but I don't think he is too far away. If you remember he has stated that he saw a rally this week with upside to 1744 on nasdaq. Looks like a darn good call so far. Im sure he is doing just fine. Probably deciding which stocks to start shorting on this rally. I believe he has the rally possibly going to Trs and then thinks longs should be closed. I admire his savyness to take off the bear suit for a few days and make some profits the other way. My problem was I would get stuck in one mode and get crushed by the market as it went against me.

Personally I am selling my BRCD,EMLX and QCOM into this strength. If we do reach lower 1730, I will have raised a nice chunk of cash. If we bust thru I will, give that a few days then sell calls on remainig longs that are in the hole and maybe even buy some puts.

Jeff
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