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To: Boplicity who wrote (3202)7/31/2000 6:57:46 PM
From: redwood  Respond to of 13572
 
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To: Boplicity who wrote (3202)7/31/2000 7:46:12 PM
From: hivemind  Read Replies (1) | Respond to of 13572
 
Greg, Having explained your position on the non-advisability of shorting without significant investment experience, may I ask, what would be your thought process leading you to short QQQ at this time? Would it not be good to wait for the current potential upswing to peter out before hitting it from the top?

Also, would not buying puts be a reasonable approach? The VIX is relatively low now, making options less expensive generally. Perhaps a bear spread might be a low-risk/low-cost alternative?

hivemind