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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: stockycd who wrote (1128)8/24/1999 6:26:00 PM
From: stockycd  Respond to of 2103
 
Matthew and all,

Short entry at 121 1/4 was achieved today. I had to buy puts because E*trade had no QQQ shares for shorting. Due to the relative strength of this rally, my exit from this will be a scalp, possibly 119 1/2. There is a very, very slim chance of a positive close tomorrow. Four days positive in a row would put us over a 92% probability of reversal. This pullback looks to be mild though.

Good luck!

Chris


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