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Strategies & Market Trends : Classic TA Workplace

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To: yard_man who wrote (39583)5/17/2002 3:35:33 PM
From: AllansAlias  Read Replies (2) of 209892
 
I have just changed my allocation. I now own a whack of QQQ calls. This puts me into a straddle really, although my net position would benefit more from down, but should do fine with decent up. All the coiling makes me want to cover both sides. A move is coming.

I should add, I still expect a good down leg, but this action yesterday and today makes me think I *may be* one high too early.
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