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To: Eski who wrote (43535)11/16/2000 8:06:23 PM
From: t2  Read Replies (1) | Respond to of 77399
 
I think Harris is going to win the court ruling tomorrow AM. I plan to buy calls ahead of it for a short term trade; probably buying puts and calls on the QQQs and seeing which way the market reacts to the decision. I think a ruling against Gore will cause the market to go up significantly--maybe a 100 points from the time of the decision.

Just image the gains that can be made on speculative November options; hardly any time value. I plan to go about $2 to $3 on either side of the QQQ (puts and calls). I might pick a stock instead of the QQQs if I can find one with less implied volality.

I am betting that there is a 90% change of Harris getting the decision tomorrow at 10 am. That is why the calls might be better but I will probably buy both calls and puts.



To: Eski who wrote (43535)11/17/2000 10:12:23 AM
From: JRI  Read Replies (2) | Respond to of 77399
 
*OT* Geez...what happened around 10 AM today?..did some analyst talk about BRCM's earnings; Or did the Fed makes some announcement? Or did inflation data come in higher-than-expected? The Dow jumped 130+ pts., and the Naz jumped 60+ in 10 minutes...

Yeah, the election has nothing to do with the markets...No one's paying attention...



To: Eski who wrote (43535)11/17/2000 10:12:27 AM
From: JRI  Read Replies (2) | Respond to of 77399
 
*OT* Geez...what happened around 10 AM today?..did some analyst talk about BRCM's earnings; Or did the Fed makes some announcement? Or did inflation data come in higher-than-expected? The Dow jumped 130+ pts., and the Naz jumped 60+ in 10 minutes...

Can't be the election...No one's paying attention to that...