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Strategies & Market Trends : Guidance and Visibility

AAPL 247.97

-0.2%

Jan 23 9:30 AM EST

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To: stevenallen who wrote (75000)	9/25/2002 12:29:17 PM
From: Ira Player	Read Replies (2) of 208838

Steven, I'm probably in the minority here, but my current strategy is to start playing the rally's, not the falls. I have been playing with long puts in the final month of expiration (I know, gambling. But only with a little of my equity.<ggg>) in the semi-tech sector. Going forward I will be playing the long calls. While we may fall further, I feel the short term bias is beginning to shift and I don't feel comfortable playing the short side of the market. So, the short answer (pun intended) is: I don't have any suggestions on the short side because my opinion is long short term. I haven't been looking for weakness, I've been focusing on finding the hidden strengths for the last week. Ira

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