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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?


To: Bill Hardison who wrote (266)3/9/2000 2:40:00 PM
From: Stoctrash  Respond to of 840
 
shorting QQQ for more than just a trade of a few hours has been like.... well...you know....a large stick shoved way up your _______!!!



To: Bill Hardison who wrote (266)3/9/2000 2:49:00 PM
From: OX  Respond to of 840
 
during this monster rise, i tried only once to short via long puts (was ITM after only a few hours, but of course held out for more)... I got smart a few days later and was fortunate to get out even. (not that I wasn't tempted to do it more than once :-)

mostly, I've been short puts off and on, and made pocket change compared to just being long (like I managed to do for one of my kids accts).

the split is a non-event.
MSFT has actually lost about half of its mkt weighting in the NDX since a few months ago.
CSCO and INTC are very close on its tail (%-age wise)



To: Bill Hardison who wrote (266)3/9/2000 6:20:00 PM
From: hdl  Read Replies (1) | Respond to of 840
 
bill hardison,

i shorted with qqq higher than you, but perhaps more shares.
any way your loss does me no good. but i agree with what fleck says today on SI- unfortunately, we smart guys are bleeding real bad- and if we've been real smart for a real long time, even when the bubble bursts, we'll still have lost big money. the guys who rode this craze have made a fortune and the smart ones maybe have gotten out or will do so before it is too late,. the brilliant ones will short now- but the real smart ones like me have no money left to short with.