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


To: Les H who wrote (1800)10/1/2000 8:45:20 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Thanx Less; I'll try to remember to check em out after they
get trading a while.

For the time being I like the QQQ and it's volume,
( makes it easier to get shares to short )

-----------
BTW there is no down tick rule in shorting the QQQ,
so boxing a short is not against the rules , it's
faster to execute a market sell on your long side
than it is to get a short approved, ( they need approval
to confirm they have shares to let out ) any way if market
conditions dictate a trend to playing the short side,
once I'm short I don't buy to cover but stay short.
While I may buy some QQQ if it bounces ( putting me short
against the box ) this is to speed up getting
back full short via a market sell ( which a broker need not approve )..
I've had several people argue it was circumventing the down tick rule..but I've taking it to the top and It's not so.
There is no down tick rule on the QQQ to circumvent.

Jim