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Strategies & Market Trends : P&S and STO Death Blow's

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To: DebtBomb who wrote (19129)12/9/2002 5:42:12 PM
From: CapitalistHogg™  Read Replies (1) of 30712
 
Tomorrow morning if the nas gaps down I'm going to sell my puts (hedge)and buy more calls. If it opens near todays close or higher I will hold my puts and wait. I still expect the nas to go up from this leval, possibly hitting 28. For the rest of the year I'm bullish, but longer term bearish. Post bubble hangover still is dominant theme.

<nas fast sto "0", that may be good for a gap n run, looks like last time nas fast sto hit "0" on 9/4, nas ran for 4 days
spx fast sto .05, ggggg> I totally agree
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