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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (2455)2/8/2000 7:35:00 PM
From: Jill  Respond to of 8096
 
Fooey on you w/ imminent correction. Rephrase as follows: Let all stocks I am not long on correct so I can go long on them.



To: Poet who wrote (2455)2/8/2000 8:32:00 PM
From: steve mamus  Respond to of 8096
 
Market IMHO is very speculative. I think March could be an exciting month if the Fed keeps sounding off. What I am most conerned about is the non-economic event out of nowhere that could give the market an excuse for a temporary bloodbath i.e. for eg. if China sent a couple of Missiles in the direction of their next door neighbors, India?Pakistan start playing lets see who can explode the largest thermonuclear war head, or if the North Koreans decide to go south for the winter etc etc. My trading acct is 90% cash and I am aggressively closing down positions and taking profits where I can - did this today in options (very short plays with nice results) in CREE, PMCS, IBIS among others. Sold AMCC and CREE this AM will look for re-entry at lower level. Only significant common positions I have added last 2 weeks are CNXT and CTXS.

DoK