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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 692.24+0.3%Jan 15 4:00 PM EST

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To: Johnny Canuck who wrote (38757)1/7/2003 6:54:49 AM
From: Logain Ablar  Read Replies (1) of 69809
 
Harry:

I believe he is playing the odds where he only expects limited upside (20naz pts) and downside of 100pts (maybe more so he's being cautious.

I will sell storage positions (brcd today and elx if it gets near 25 in the next week or so into earnings). storage had a good 4th qtr last year and then a weak 1st qtr. I would expect the same this year.
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