Zeev's Turnips - No Politics Message Board

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

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To: Ron Dior who wrote (66704)	5/14/2002 11:39:35 AM
From: Jeffrey S. Lillie	Read Replies (1) of 99280

Ron, I try to learn every day. Over the last four months, we have had many reversals to the upside that crapped out and trapped me above. I am very cautious about any rally. I added new monies a few weeks ago and dont want them under water like the rest of the portfolio. I will lighten up on this rally as well to raise some cash. Do we hit the sept lows on nasdaq? I believe we do. Do I want to be fully invested if we go there? Heck no. Can this rally go further? Absolutely! I will have all traders off table today if we go another 20-30 on nas. Will sell calls on underwater positions where it makes sense at approx 1730. Best of luck to you and all, Jeff

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