SI
SI
discoversearch

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.
Politics : The Left Wing Porch -- Ignore unavailable to you. Want to Upgrade?


To: bonnuss_in_austin who wrote (1294)12/17/2000 12:22:46 PM
From: PoetRespond to of 6089
 
Hi Bonnie,

I just read your post to Robwin and appreciate your RE update a great deal. Yes, I'm home and suffering from a bout of the flu, I'm afraid, which hasn't kept me from hunching over this damned keyboard all morning. <g>. Market thoughts: L3 posted some interesting thoughts last night on the Options Box. I respect his TA enormously, as I do Don Sew's. I think we'll see some nastiness at the open tomorrow (nastiness for longs, anyway,) followed by some buying into the FOMC meeting (2:30 EST on Tuesday). From what I've been reading, I don't think AG will do anything but loosen the bias this time. No rate cut, IMO, will mean further selling. Adding to this is the weakening of the dollar, which does not bode well for stocks. I think your plans to trade puts on the QQQ and select Naz stocks is very very sound.

PS: I generally post interesting articles about the market, as well as snippets from the Hahn site and the weekly Option Investor newsletter on the Options Box on Sunday afternoons. I'll try to do that today.

i'd certainly look forward to other people's market views as well.