Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (26660)	4/16/2000 11:58:00 PM
From: Alias Shrugged	Respond to of 42523

Schwab sites held up pretty well last week. I am concerned when (if?) we get the 4-6 billion share day. I have no puts. (OK, I have some April 70 POS puts; it will take a LLCF for those to hit). But I am loaded with USPIX and URPIX. At this rate, I may actually get back to breakeven. LOL Hey, has anyone EVER heard of a mutual fund doing a 1-15 reverse split?? Well USPIX did. Yikes. Anyway, my long term expectation is for NDX to go sub-1000, and i will hold USPIX all the way. To hedge, i will buy QQQ calls, and at the right time buy QQQ and short calls. Having been thoroughly abused by this manic market since Feb 99, I am one gun-shy bear. I am still half expecting these nutcases to run NDX back up above 4000 (hey, why not 5000). I need a vacation.