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

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To: ajtj99 who wrote (21927)1/2/2003 4:20:52 PM
From: Jeffrey S. Lillie  Read Replies (1) of 30712
 
we missed my 1028 ndx close coming in at 1027.86 (ggg). came close on spx with a close of 909 vs 910-912.

sold one third of spx calls in AH. thinking I will dump the rest in am. not looking for much green in am, but if it gets gapped, ill take the extra cash and run. if we are up more than 5 spx points, all calls will be sold and i will buy some puts for a hedge against mutual funds (did not sell any of those today).

will be buying the dip this time for next leg up.
j
ps i kept my lone sox call. put in a limit order near ask but didnt get fill will hope for semis to run a bit in am. the sox and ndx still have some room whereas spx pretty much done.
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