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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Erik T who wrote (1485)	12/19/2000 3:53:23 PM
From: Erik T	Respond to of 74559

NASDAQ Comp 2523: Support or soon-to-be new resistance? Erik

To: Erik T who wrote (1485)	12/19/2000 4:12:54 PM
From: Tommaso	Read Replies (1) \| Respond to of 74559

What discussion? I just kept getting messages from someone about something that I had forgotten about. Maybe when I have time I will try to figure it out. Like you, I have been following the averages and trying to figure out what was going on. The Nasdaq probably has a lot further to fall, but once something is down about 50% I would rather not gamble by shorting it further. But instead of adding shorts on the Dow (via DIA) today I finally found out how to get LEAP puts to do the same thing, so I did that. I am also following the energy markets pretty closely, especially since they are (I think) more important than interest rates in affecting the markets.