P&S and STO Death Blow's Message Board

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

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To: ajtj99 who wrote (25514)	1/22/2003 4:19:42 PM
From: Jeffrey S. Lillie	Read Replies (3) of 30712

i agree 870 is likely target area. i also agree that i may have just done a stupid thing. i held the long ndx fund and didnt hedge the spx calls with puts. potentially even dumper i added a third chunk. will add a fourth at 870 if we get there in am. if up in am but not strong will start selling the calls as could do the old dumperoo again and i dont want to play that game anymore (ggg). j fingers/toes/ legs crossed. i did get an EOD long signal for spx if you are wondering why i made such a dumbass looking move. it does allow for lower, but has good odds on a green spx close. (not perfect odds but good odds). that and the dec lows(support) are why i would buy a furhter dip of 8-10 pts. worse than that and we go straight to hell and do not go past go and collect $200. j

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